Saturday, March 10, 2018

On Tuesday, 17 members of the Democratic conference in the Senate joined the Republican majority to weaken banking regulations passed under Dodd-Frank. Their case for backing the bill, which opponents say will damage oversight needed to prevent another financial crisis, is partly practical—Democrats like Mark Warner of Virginia are worried that small banks and lenders are overburdened by current regulations—and partly political.



from Slate Articles http://ift.tt/2FB1IVw

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