Birdwatch Note Rating
2023-03-12 20:16:27 UTC - NOT_HELPFUL
Rated by Participant: FF4D14ECB44DF49A1B7C50B81F8713E48DEA0FFAE6D09353483A100132988F62
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