"And despite complaints that the new regulations would hamper growth, banks rake in huge profits. Jamie Dimon, the chief executive of JPMorgan Chase, the United States' largest bank, suggested this year that a new golden age of banking was underway." Peter Eavis and Keith Collins, "Business Day / Crisis and Consequences / The Banks Changed. Except for All the Ways They're the Same." (New York Times Online, posted Wednesday, September 12, 2018 (subscription may be required by The New York Times to access).
The main thing supporting deregulation of the banks is this: Increasingly higher profits every year have not gotten in the way of what the banks say.
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