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Why GOP’s Green Light for Bank Deals Will Cover Only Smaller Firms

January 9, 2017

Via: TheStreet

Dismantling the Dodd-Frank Act, which tightened rules on the banking industry after the 2008 financial crisis but had the side effect of curbing growth, is a top priority for both Republicans on Capitol Hill and President-elect Donald Trump.

Cancelling thousands of pages of regulations based on the statute is easier said than done, however. And lawmakers are all too aware that aid to the large banks that were blamed for the crisis may not play well with voters, many of whom are still grappling with the after-effects.

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