Birdwatch Note Rating
2023-03-22 03:49:52 UTC - HELPFUL
Rated by Participant: DF4013D6E2BCD86FCAE73B5F3D4BAF586D0FCAA6A5FF61FA6561117B408DBBCF
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