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 -
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 24IntraFi 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