Birdwatch Note Rating
2023-06-20 09:32:53 UTC - HELPFUL
Rated by Participant: E9EE0EBEACD030DD0EB9F05ADFE1911B8436D0F8E326D19A360AF81B33780222
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