After several years of financial policy defeats, banks finally basked in a legislative victory: the first real package of regulatory relief since the crisis. But the long-term effects of that victory are still to be determined. Here is what it all means.
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The Senate bill is a huge win for the banking industry, but there are still plenty of unresolved legislative issues of interest to financial institutions.
May 22
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As President Trump signed the regulatory relief bill into law on Thursday, most of the attention was on a provision to help regional banks with more than $50 billion of assets. But a majority of the new law is aimed at helping institutions below $10 billion. Here's how.
May 24 -
Though the regulatory relief law easing the Dodd-Frank Act does little to help the biggest banks, it is still fueling progressive Democrats' anger at Wall Street. That will matter when Democrats eventually retake power.
May 24
IntraFi Network -
A recent wave of high-premium acquisitions, paired with sweeping regulatory reform, is setting the stage for more large-scale M&A.
May 23 -
Banks earned a record-shattering $56 billion in the first quarter, even before the regulatory relief bill is enacted. More victories, policy and otherwise, are on their way.
May 22IntraFi Network -
The industry’s biggest legislative victory in a decade made it to the finish line Thursday.
May 24
