The FDIC protects depositors whose banks engage in irresponsible mortgage lending. It erodes the micro-economic incentives for creditor discipline that derive f

The FDIC protects depositors whose banks engage in irresponsible mortgage lending. It erodes the micro-economic incentives for creditor discipline that derive from 'skin in the game'. As for the partial roll-back, it's better than nothing, but we'll see in five years if it will have much of an impact: https://bankdirector.com/issues/regulation/crapo-bill-only-drop-bucket-deregulation/ https://bankdirector.com/issues/regulation/crapo-bill-only-d...