Meeting with community bankers Thursday, President Trump reaffirmed his commitment to tailoring regulations to consider the size of financial institutions.
"President Trump promised to work to tailor the nation's regulatory framework so that it accounts for the unique challenges faced by community banks," the Trump Administration said, in a statement following the meeting with members of the Independent Community Bankers of America and the American Bankers Association.
White House Press Secretary Sean Spicer expanded on that statement, telling reporters that since 2008, the number of community banks has decreased 30%.
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