Birdwatch Note Rating
2023-03-12 18:40:42 UTC - HELPFUL
Rated by Participant: DF4452E90B100A8355867E58A224569A8F9C2877C7C3CF9EDBAB7D28AE4F654E
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