Banks are going to love this. It's called regulatory capture: https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture

Banks are going to love this. It's called regulatory capture: https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture Less threat of competition just means their margins get to stay high. I'd rather be looking for ways financial regulations can encourage more players to enter the market.