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Trump-Era Regulations in Focus After US Bank Failures

Already, the drama has sparked debate in Washington about the regulatory reform known as Dodd-Frank that was adopted in the wake of the 2008 crisis and the decision by former President Donald Trump to partially roll it back.

Photo by visuals / Unsplash

There have been 565 bank failures in the United States since the start of the millennium, which is surprisingly common.

Whilst many bank failures followed the 2008 financial crisis, they have also happened during times of relative calm. Almost two banks failed per month between 2011 and 2020.

Now the blame game has begun.

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