The fate of bank regulation rests with the House after the Senate approved a bill that would relieve smaller banks of some of the restrictions put in place after the financial crisis ten years ago.
The bill has the support of moderate Democrats, but some GOP members of the House have said it doesn’t go far enough and have threatened to tie up a vote by trying to add more provisions. It is considered the biggest rewrite of financial regulation since the Dodd Frank Act of 2010.
