Yep exactly. You know having a family member that used to be in banking they talked about there is something called a bank charter, all banks have to apply and/or re-apply for every few years. Why do these charters get extended to banks in locations that have more or less plead guilty to fraud, embezzlement, or worse? Why does when Wells Fargo have branches all over the US do they get these charters renewed? They are based on "service and positive work in the community." They just pay fines and never have these charters revoked in the areas, and there are never any lawsuits brought up because of it. I suppose that's the system that Mnuchin prefers, locking out the competition with these kinds of regulations that are not enforced on existing mega conglomerates but anything that may at any point upset the blissful monopoly going on right now.