Based on the Trump campaign’s positions shared during the campaign, the new administration’s views on banking could include:
- Take power away from the Federal Reserve and allow Congress to audit its decision-making
- Repeal or greatly alter the Dodd-Frank Act
- Abolish the CFPB
- End “too big to fail” and eliminate bailouts
- Temporarily freeze all agency rules
While not directly citing proposals on regulatory relief for smaller institutions, Trump has mentioned that small banks are being harmed.