The Dodd-Frank Regulations That Crash Community Banks and Credit Unions

The legislation I'm signing today rolls back the crippling Dodd-Frank regulations that are crushing community banks and credit unions nationwide. One of the things we're finding now about Silicon Valley Bank is that in 2018, the CEO of that bank said, well, we shouldn't be regulated in the same way as the big banks. They were chasing possibly slightly greater yields because if you bought long-term, fixed rate government bonds when interest rates are really low, you might get a few points more. But it was still a really bizarre thing to do. And there is something rather odd about a place where he think all the action was at the other end of Silicon Valley Bank then suddenly they get swamped