Explian how donald trump look to work with credit union and

Solution

Donald Trump has positive and favourable views towards the credit unions and small regional banks. It has made him to come up with a relief bill and passed it, that will bring relaxation to the credit unions and smaller banks. It will eliminate and or modify the complex regulations prescribed under the Dodd Frank Act. It helps the credit unions to become more active and operate at a new level to generate more profitability with different types of asset creation and community banking activities.
The first important change is the increasing the threshold limit of the capital for the banks to be $100 Billion immediately, and $250 billion to fall them under the scrutiny. Though it is for the large banks. The favorable view on community banks or credit unions are given the exemption from such a strict regulatory scrutiny. The second change is the relief given to the credit unions and smaller banks with less than $10 billion asset, from Volker rule ban. As a part of the ban, these credit unions could not enter into the proprietary trading. But, now they can do it. It will help them to grow and serve the community.