So Chrome is only showing the domain part now? Just like Safari has been for a long time?
Personally I quite like it. From what I understand the main goal is to make phishing attacks more clear to the user, since this is ultimately only a thing the end-user can protect against. Removing the noise definitely helps for that.
Having had it like this in Safari for a long time, I must say I greatly prefer this over the older behavior---the only time I care about a full URL is when I select it to copy it.