US banks lobby regulators for national standards to curb state influence

7 petethomas 1 8/22/2025, 5:25:00 PM reuters.com ↗

Comments (1)

bediger4000 · 3h ago
> is part of a sweeping effort by the banking industry to lock in more favorable rules under U.S. President Donald Trump's administration.

As a plain human, banking has gotten much worse since the regulations about branch banks loosened, which I think coincided with a big wave of consolidation. My locally owned full service bank got acquired, and that got rolled up into BBVA, which is a terrible experience, where you get fleeced for fines with a smile. Join a credit union, folks.

I suspect these national standards will make banking even shittier for the 90%.