The Dodd-Frank rollback frees up regional banks for a big opportunity

WASHINGTON, DC - JANUARY 30: U.S. President Donald J. Trump gestures as U.S. Vice President Mike Pence (C) and Speaker of the House U.S. Rep. Paul Ryan (R-WI) (R) clap during the State of the Union address in the chamber of the U.S. House of Representatives January 30, 2018 in Washington, DC. This is the first State of the Union address given by U.S. President Donald Trump and his second joint-session address to Congress. (Photo by Win McNamee/Getty Images)Win McNamee/Getty Images

  • Congress just rolled back key provisions of the Dodd-Frank Act, the major piece of legislation that aims to prevent another financial crisis. 
  • This could mean an opportunity for mergers and acquisitions within the regional banking space. 

Congress just rolled back parts of the Dodd-Frank Act, and that could mean much more for regional banks than just the ability to make more loans. 

On Monday, Congress voted to loosen up some banking provisions of Dodd-Frank, a major piece of legislation that aims to prevent another financial crisis. 

See the rest of the story at Business Insider

NOW WATCH: Why so many fast food logos are red

See Also:

SEE ALSO: Michael Cohen responds to report that the ‘Taxi King’ might flip on him, says they have ‘never been partners’

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.