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Senate Advances Bill Rolling Back Banking Rules

Law360, Washington (March 12, 2018, 7:24 PM EDT) -- The Senate continued toward a partial rollback of Dodd-Frank Act financial regulations Monday, as backers said they have moved closer to removing some of the most burdensome regulations for small and regional banks.

Monday’s 66-30 vote advanced an amendment to the Economic Growth, Regulatory Relief and Consumer Protection Act, bringing the bill closer to a final vote later this week. The substitute amendment offered by Sen. Mike Crapo, R-Idaho, made significant changes to the bill, including changing how the law would treat the American branches of...
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