ED MORRISSEY: The Spectacular, Too-Big Failure Of Dodd-Frank. “One of the factors driving that consolidation was ‘economies of scale,’ the GAO found in an earlier study. The FDIC noted that was a particularly strong factor for banks that did more than $100 million a year in lending. Dodd-Frank actually made this worse, thanks to the massive amount of new regulation and its attendant compliance costs. The impact fell hardest on community banks, which made them less competitive and more likely to be consolidated.” Funny how whenever they roll out something that’s supposed to help the little guy, it winds up giving more money and power to Wall Street and the big banks.