> The legislation will leave fewer than 10 big banks in the United States subject to stricter federal oversight, freeing thousands of banks with less than $250 billion in assets from a post-crisis crackdown that they have long complained is too onerous.
> Once the bill is signed by Mr. Trump, small and medium-sized banks will no longer be required to undergo “stress tests” aimed at measuring their ability to withstand a severe economic downturn.
Would the current situation have been prevented/mitigated if not for the repeal?
> Once the bill is signed by Mr. Trump, small and medium-sized banks will no longer be required to undergo “stress tests” aimed at measuring their ability to withstand a severe economic downturn.
Would the current situation have been prevented/mitigated if not for the repeal?