by Evan Wilt
Posted 3/06/18, 12:26 pm
WASHINGTON—The Senate voted Tuesday to proceed on a bill that would loosen some of the banking regulations imposed after the 2008 financial crisis. Senators voted 67-32 on the motion, sending the bill to the floor for further deliberation and a final vote. If passed through Congress, the measure would rewrite parts of the financial regulations imposed under the landmark Dodd-Frank bill of 2010. This year’s bill, sponsored by Senate Banking Committee chairman Mike Crapo, R-Idaho, would raise the threshold at which banks must adhere to strict financial regulations.