The basic concept of the Dodd-frank act was to make banks more responsible in their practices so that the taxpayer would not have to bail them out again. Essentially don’t make loans by gambling and do your due diligence. All this allows is banks to make foolish loans again. Congress apparently still reviews on a regular basis any scale of size or over bearing requirements on banks and makes changes as necessary. I’m sure if a bank wished to go it alone and not be FDIC insured and make that visibly known then I would be fine with them not following any regulations we placed on them. That way we wouldn’t have to pay for their mistakes, greed, and incompetence and it would be caveat emptor to their customers but we wouldn’t have to pay them back on the banks behalf and they would be out of business.