Birdwatch Note Rating
2023-03-12 18:59:06 UTC - SOMEWHAT_HELPFUL
Rated by Participant: DC65E51A78B18539CF69E8A476D0710294550F45A0A79D1B606FB82924AD2F42
Participant Details
Original Note:
SVB CEO Greg Becker had pressed lawmakers in Congress to lessen regulation that placed higher scrutiny on certain banks. By 2018, his bank had spent roughly $500,000 to lobby for the changes that Trump ultimately signed into law https://www.newsweek.com/trump-era-roll-back-bank-regulations-resurfaces-amid-svb-collapse-1787112
All Note Details