Birdwatch Note Rating
2023-03-14 11:12:37 UTC - HELPFUL
Rated by Participant: E0169BA2305ACBAA51408AD4EC695D9C5A8C3E5052BB071A062ED41C97E05495
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