A banner week for GOP’s agenda to ease burdens on banks

Published May 25, 2018 4:00am ET



President Trump and congressional Republicans, with the help of some Democrats, are enjoying a sudden burst of progress in their agenda to lighten regulations on the financial industry.

On Thursday, Trump signed the biggest rewrite of the 2010 Dodd-Frank law since President Barack Obama signed it after the 2008 financial crisis. Among other changes, the legislative package would lighten the burden of federal oversight for many regional banks and ease mortgage rules and other restrictions for smaller banks and credit unions.

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