US President Donald Trump speaks during a NEC listening session with CEOs of small and community banks. Photo: AFP, Jim Watson
US President Donald Trump speaks during a NEC listening session with CEOs of small and community banks. Photo: AFP, Jim Watson
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Regional banks outperforming in bank rally

It’s easier to cut regulations on small banks.

March 10, 2017 8:52 PM (UTC+8)

US Regional banks are outperforming the main bank index. It’s easy to lift regulations on smaller community banks, by de-fanging the nanny-state Consumer Finance Protection Agency. It’s hard to reform big banks with systemic importance.

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