Community banks due a break early in Trump term: Hensarling

Community banks will face less red tape and be able to lend to more small businesses once Congress erases financial rules conceived after the economic downturn of 2008, a leading Republican lawmaker said on Thursday. The plan from Jeb Hensarling, chairman of the House Financial Services Committee, would roll back parts of the Dodd Frank reform legislation, a law that was meant to prevent a future financial meltdown by muzzling Wall Street. Hensarling said Dodd Frank unduly crimps local lending a