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The Senate is moving to ease major banking regulations. This is how they will do it.

The Senate is moving to ease major banking regulations. This is how they will do it.

The passage of the legislation would be the most significant step taken by the Senate to help fulfill President Trump’s promise to loosen financial-industry regulations that the White House has said are holding back the economy. The bill, which has garnered bipartisan support, takes aim at 2010s Dodd-Frank Act and would free dozens of financial institutions from the strictest rules put in place by regulators after the financial crisis.

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