Moderate Senate Democrats join GOP in resisting new bank rules after SVB failure

Moderate Senate Democrats join GOP in resisting new bank rules after SVB failure

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WASHINGTON — Moderate Senate Democrats who voted to loosen regulations on midsize banks in 2018 are standing by their votes in the wake of Silicon Valley Bank’s collapse, joining Republicans in resisting enhanced scrutiny for financial institutions. Sen. Angus King, I-Maine, who caucuses with…

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