Birdwatch Note Rating
2023-03-12 20:31:35 UTC - HELPFUL
Rated by Participant: EC2B9CDC9C464FC4975C5AD78C464CF1434A5BF5A7D8E3A8B6B4EF704C178ADC
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