Comment by dchest

Times New Roman (and STIX Two Text, Libertinus Serif clones) has been designed with increased x-height while keeping the same line height, see https://en.wikipedia.org/wiki/Times_New_Roman#/media/File:Ti...

It's normal for it to appear denser vertically. Your example of increased line height looks suitable for subheadings, but in no way represents the typographic tradition of its use.