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<blockquote data-quote="Bfishn" data-source="post: 365917" data-attributes="member: 2006"><p>However you feel about Trump, did he not specifically rollback some of the Dodd-Frank regulations that included allowing these banks to keep fewer deposits on hand so they were able to invest more money? It sounds like the CEO of SVB was even one of the people that lobbied for that change.</p><p></p><p>The change lessened scrutiny for banks under $250b, it had previously been $50b. So the vast majority of banks became less regulated because of the change. Only the giants are above $250b.</p></blockquote><p></p>
[QUOTE="Bfishn, post: 365917, member: 2006"] However you feel about Trump, did he not specifically rollback some of the Dodd-Frank regulations that included allowing these banks to keep fewer deposits on hand so they were able to invest more money? It sounds like the CEO of SVB was even one of the people that lobbied for that change. The change lessened scrutiny for banks under $250b, it had previously been $50b. So the vast majority of banks became less regulated because of the change. Only the giants are above $250b. [/QUOTE]
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