Restoring Accountability to Banking

On Thursday, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act — the first significant financial regulatory reform bill to become law since the crisis-era Dodd-Frank Act. Although some may claim this represents an undoing of Dodd-Frank, what the president enacted is far from the anticipated overhaul. Instead, the changes primarily give community banks relief from regulations — which makes sense since they weren't the drivers of the financial crisis and are crucial for economic growth.