Birdwatch Note Rating
2023-03-12 18:02:35 UTC - HELPFUL
Rated by Participant: EE990051E73ADF02455AB7EB2EA6DEBA7BFF41DBA9D645B5EE4ECCDB40E9D77C
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