NYT on new ‘Big Five’ of stocks: Trump to take on ‘Big Six’ of banks next month, and the Dow falls 3%

Trump plans to take a more aggressive approach to banking regulation, targeting banks and large corporations that have benefited from lax oversight.

Mr. Trump has long said the biggest banks should be broken up and that large corporations should be regulated more strictly.

But in recent months, he has made an effort to ease banking regulations that could benefit small businesses and consumers.

The Federal Reserve said Friday it would hold off on tightening the rules on banks for three years to give the banking industry time to adapt to the new administration.

Mr, Trump also wants to loosen restrictions on how many bank employees can be on the payroll.

He wants to increase the number of retail banking customers to 500,000 from about 150,000.