Birdwatch Note Rating
2023-03-12 22:07:48 UTC - HELPFUL
Rated by Participant: FEC517EB7FB8815A7F6AE8283158F2B68FF2CB6B1209EEE58487E87EE61DF63E
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