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I can't say I'm surprised.
House Republicans Are Trying To Slip Bank Deregulation Into Highway Bill
House Republicans are angling to slip two pieces of bank deregulation into a major highway funding bill that is expected to pass with broad bipartisan support. According to a source familiar with discussions, Republicans are trying to remove tighter regulations that were imposed on banks with at least $50 billion in assets after the 2008 financial crisis. They also are aiming to weaken the Consumer Financial Protection Bureau -- a brainchild of Sen. Elizabeth Warren (D-Mass.), which has worked to prevent big banks, payday lenders and other financial firms from ripping off households.
House Republicans Are Trying To Slip Bank Deregulation Into Highway Bill
House Republicans are angling to slip two pieces of bank deregulation into a major highway funding bill that is expected to pass with broad bipartisan support. According to a source familiar with discussions, Republicans are trying to remove tighter regulations that were imposed on banks with at least $50 billion in assets after the 2008 financial crisis. They also are aiming to weaken the Consumer Financial Protection Bureau -- a brainchild of Sen. Elizabeth Warren (D-Mass.), which has worked to prevent big banks, payday lenders and other financial firms from ripping off households.