Independent Community Bankers CEO on Trump Meeting

The transcript covers a meeting with President Trump discussing the regulatory burdens on community banks. Key figures like Gary Cohn and Steve Mnuchin are involved, but Trump is the main driver. The meeting was unscripted, with Trump engaging deeply in business discussions. Future actions may involve both executive and legislative efforts to reduce regulations. The concept of proportional and tiered regulation is introduced, suggesting different rules for large and small banks. Despite challenges, community banks remain resilient.

What are the potential implications of tiered regulation for community banks compared to larger banks?

In what ways have community banks demonstrated resilience despite regulatory challenges?