Congress
Associated Press/Photo by J. Scott Applewhite

Senate advances bipartisan Dodd-Frank reforms

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.

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Associated Press/Photo by J. Scott Applewhite (file)

Thad Cochran announces Senate resignation

by Evan Wilt
Posted 3/05/18, 05:50 pm

WASHINGTON—Sen. Thad Cochran, R-Miss., announced Monday he would resign from office after this month, citing health concerns. Cochran, 80, first won election in 1978, and after nearly 40 years in the Senate, he said Monday he can no longer carry out his duties. “I regret my health has become an ongoing challenge,” Cochran said in a statement.

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Associated Press/Photo by Susan Walsh

Senate eyes bipartisan banking reform 

by Evan Wilt
Posted 3/05/18, 11:51 am

WASHINGTON—A bipartisan banking bill to roll back some Dodd-Frank regulations appears likely to clear the Senate this week. Banking Committee chairman Sen. Mike Crapo, R-Idaho, introduced the bill last fall and has garnered significant support from across the aisle. The legislation passed out of the committee 16-7 in December. “There will be a split in the caucus,” Sen.

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