Part 6/9:
One key proponent of the bill is the intention to assist community banks. These institutions have dwindled over the past decade, with a reported third fewer existing today than previously. The bill proposes easing certain restrictive measures, such as rolling back the Volcker Rule for smaller banks, which could improve their competitive stance against larger banks.
If passed, small banks may also see lowered capital requirements, facilitating growth and stability, providing them with newfound opportunities to better compete against their larger counterparts.
Winners and Losers in the Financial Sector
With the proposed changes come a set of winners and losers.
Winners: