Big Banks Thank Trump for $157 Billion, Public Gets the Bill
Bloomberg's enthusiastic projection that six major banks could net $157 billion under a returning Trump sounds like good news for, well, six major banks (Bloomberg, 2026). What the financial cheerleading ignores is the historical pattern: deregulation under Republican administrations consistently leads to outsized banking profits, often followed by public bailouts when the inevitable crashes
occur. (Remember 2008? The taxpayer did – to the tune of $700 billion for TARP, a direct consequence of lax oversight). So, while these institutions prepare to "reap" a staggering profit, one might wonder: where exactly does that $157 billion come from? It's not magic, it’s policy—policy that often prioritizes corporate bottom lines over financial stability and the public good. It seems some
institutions are always too big to fail, and always too big to truly regulate. This isn't just about 'riding out dramatic policy changes'; it's about rewriting the rules to ensure the house always wins.