[ditty_news_ticker id=”25027″]The highlight of Treasury Secretary Steven Mnuchin’s confirmation hearing so far was his rousing defense of community banks against overbearing federal regulations.
“Regulation is killing community banks,” he declared, and if the process is not reversed, we could “end up in a world where we have four big banks in this country.” He went on to offer examples of how regulations enacted after the 2008 financial crisis had some unexpected negative consequences. – READ MORE
