2 Comments
User's avatar
SGman's avatar

Not mentioned above: how the partial repeal of Dodd-Frank in 2018 resulted in changes to the post-2008 financial regulations these mid-sized banks had to follow. I can only hope that there is a wider call for restoring and enhancing banking regulation going forward to reduce risk. This will of course reduce bank profits: financial stability is more important.

Expand full comment
Chris J. Karr's avatar

Also worth a mention: Barney Frank (of Dodd-Frank above) was a board member of Signature Bank:

https://archive.is/Bqxh3

It's a small world after all!

Expand full comment