My understanding was it was the credit unions and local banks more than the large major ones. There was a fear that community banks in rural areas would face capital flight and that, in turn, would affect farmers and the agriculture industry in general. From what I read about small community banks, there could, in theory, be an issue with this facing them, but it is highly likely to be a nothingburger in reality. It was something that Congress, as part of due diligence, should have looked at and they did.

The other big one was the ethics provisions. NGL what the Dems wanted was wild in that they wanted the ethics provisions to be retroactive and force Trump to sell whatever his crypto company is called. There was also stuff about his family being forced to sell out to...

What I found so wild about it was it wasn't like moving forward you can't do x,y,and z. There is also the whole thing of the way the Dems had it written; it was clearly targeting a single person, meanwhile Congress still trades individual stocks, sooooo it realistically wasn't going to happen.