Deleted Tweet from Mark Warner

Fact-check: TRUE – @StLouisFed found it typically costs big banks just ~3% of their expenses to comply with bank regulations. For small community banks, regulations can account for up to 9% of their expenses. https://t.co/Rvx0e94tET https://t.co/1JAqpO5vI QT @1a: .@PMerski: Many small banks have folded or consolidated. They can't keep up with the cost and complexity of the new regulations.)