That’s what anti-regulation Republicans — the folks who gave you the 2008 financial meltdown — claim. But the reality is something different. Yes, small banks are disappearing. But it’s due to market forces, not the heavy hand of government. As this chart shows, small banks have been steadily declining since the 1980s, the heydey of hands-off Reaganism. (Click here for story.) So, when Republicans in Congress use this is an excuse to attack Dodd-Frank, it’s just propaganda.
