Birdwatch Note Rating
2023-03-12 21:51:28 UTC - HELPFUL
Rated by Participant: E407F67047A6FDBDA3AD8BFCE460C1E999FF7269FFE803ED3D2640D93DF25B7F
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