Birdwatch Note Rating
2023-03-12 19:00:22 UTC - NOT_HELPFUL
Rated by Participant: DFAEA44C1F334E4CC1177BDD52470FF934B341AEE6109631B54D33B87AFFE618
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