Bank deregulation bill passed in 2018. It’s Impact witnessed in 2023

[veerigadu]

https://www.cnbc.com/amp/2018/05/24/trump-signs-bank-bill-rolling-back-some-dodd-frank-regulations.html

[dewarist]

Taatha did many reversals in spirit of deregulation and "helping" businesses.

Checks and balances were introduced to avoid a repeat of 2008, but taatha could care less.

[anna_gari_maata]

Bad for banks .. good for country

[Telugodura456]

Antha scene ledhu. All of that regulation would not have caught SVB.

[pakeer_saab]

1 hour ago, veerigadu said:

https://www.cnbc.com/amp/2018/05/24/trump-signs-bank-bill-rolling-back-some-dodd-frank-regulations.html

convenient ga selective points pick chesukunnav kada

here is the thing, till 2018, there was too much regulation on banks resulting is tightened lending

when congress has passed it, how come Trump is to be blamed

BTW, does the growth that came after this deregulation goes to trump or does it got to Congress??

The measure designed to ease rules on all but the largest banks passed both chambers of Congress with bipartisan support. Backers say the legislation will lift burdens unnecessarily put on small and medium-sized lenders by the Dodd-Frank financial reform act and boost economic growth.

[dewarist]

3 minutes ago, pakeer_saab said:

convenient ga selective points pick chesukunnav kada

here is the thing, till 2018, there was too much regulation on banks resulting is tightened lending

when congress has passed it, how come Trump is to be blamed

BTW, does the growth that came after this deregulation goes to trump or does it got to Congress??

The measure designed to ease rules on all but the largest banks passed both chambers of Congress with bipartisan support. Backers say the legislation will lift burdens unnecessarily put on small and medium-sized lenders by the Dodd-Frank financial reform act and boost economic growth.

Which party was holding congress and senate majority on 2018?

[pakeer_saab]

5 minutes ago, dewarist said:

Which party was holding congress and senate majority on 2018?

it was bipartisan, does it matter who holds the majority

The bill passed the Senate on March 14, 2018 by a vote of 67 to 31, with 17 Democrats approving the legislation. The bill passed the House on May 22, 2018 by a vote of 258 to 159, with 33 Democrats voting in favor of it.

Here is a full list of lawmakers who voted for the legislation. Some of those who voted in favor of the rollback have since left office.

[veerigadu]

32 minutes ago, pakeer_saab said:

it was bipartisan, does it matter who holds the majority

The bill passed the Senate on March 14, 2018 by a vote of 67 to 31, with 17 Democrats approving the legislation. The bill passed the House on May 22, 2018 by a vote of 258 to 159, with 33 Democrats voting in favor of it.

Here is a full list of lawmakers who voted for the legislation. Some of those who voted in favor of the rollback have since left office.

It does. And also president Trump advocated for deregulation in all sectors. That was his biggest achievement across all domains of govt. 

[Sheri]

Anukuntunna unna ee munda nayalu edo okati chesi untadani.

[dewarist]

45 minutes ago, pakeer_saab said:

it was bipartisan, does it matter who holds the majority

The bill passed the Senate on March 14, 2018 by a vote of 67 to 31, with 17 Democrats approving the legislation. The bill passed the House on May 22, 2018 by a vote of 258 to 159, with 33 Democrats voting in favor of it.

Here is a full list of lawmakers who voted for the legislation. Some of those who voted in favor of the rollback have since left office.

I don't have any more comments now that you have made this statement. 

[pakeer_saab]

33 minutes ago, veerigadu said:

It does. And also president Trump advocated for deregulation in all sectors. That was his biggest achievement across all domains of govt. 

By the same logic, can the current admin be blamed for massive inflation or even that goes to Trump?

ooh Trump gave tax cuts and hence the inflation antaavu

did Trump also suggested Biden to go for Ukraine war and suspending Keystone pipeline.

history only applies selectively for half baked liberals 

 

[bhaigan]

1 hour ago, Sheri said:

Anukuntunna unna ee munda nayalu edo okati chesi untadani.

[bhaigan]

58 minutes ago, pakeer_saab said:

By the same logic, can the current admin be blamed for massive inflation or even that goes to Trump?

ooh Trump gave tax cuts and hence the inflation antaavu

did Trump also suggested Biden to go for Ukraine war and suspending Keystone pipeline.

history only applies selectively for half baked liberals 

 

babu it is not Ukra it is cold war started by Rus