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May 14, 2015

Proposed banking overhaul sets up high-stakes battle

The chairman of the Senate Banking Committee on Tuesday proposed the largest overhaul of financial rules since the Dodd-Frank Wall Street reform law, pinning his hopes for passage of the sweeping bill on a small group of moderate Democrats.

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Dennis Kelleher, president and CEO of the group Better Markets, for example, described the proposal as “the latest in a series of Trojan horse bills that try to hide Wall Street’s special interest loopholes behind community banks.”

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Read the full The Hill story by Kevin Cirilli here.

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