Bipartisan Dodd-Frank Fix Could Benefit Banks Big and Small
- Senate’s Crapo in talks with Democrats on relief for lenders
- Lawmaker says agreement may be reached as soon as this week
Senator Mike Crapo, a Republican from Idaho and chairman of the Senate Banking Committee.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The top Republican on the Senate Banking Committee is getting closer to striking a deal on a bipartisan bill to ease financial rules that could have wins for banks both big and small.
Senator Mike Crapo of Idaho, the panel’s chairman, is in talks with moderate Democrats including Jon Tester of Montana, Heidi Heitkamp of North Dakota and Joe Donnelly of Indiana on a plan for rolling back parts of the Dodd-Frank Act. A deal could come as soon as this week, Tester has said.