Small Banks Cheer Trump. So, After a Pause, Do Big Ones.
By
Rusty Cloutier, president of MidSouth Bank in Louisiana. While many on Wall Street supported Hillary Clinton, community bankers see hope for their businesses and communities in Donald J. Trump’s presidency.CreditWilliam Widmer for The New York Times
Washington lobbyists, financial and policy analysts and Wall Street insiders are all trying to figure out what the Trump administration will mean for the banking industry.
But Rusty Cloutier never doubted that Mr. Trump would be good for the small bank he runs in Lafayette, La.
Mr. Cloutier sees in the new administration a chance not just for regulatory relief, but for a reordering of priorities away from the wealthy interests of the big cities and toward the rural and blue-collar communities where he operates…
Small Banks Cheer Trump. So, After a Pause, Do Big Ones.
