Lawmakers remain split as regional banks press for relief


WASHINGTON — Senate Banking Committee Chairman Mike Crapo sounded optimistic Thursday about reaching a bipartisan deal for regulatory relief, but a hearing with regional and large-bank representatives once again emphasized the gulf between what lawmakers are likely to pass and what the industry is seeking.

The Idaho Republican commended a Treasury Department report released this week that provided a list of recommendations to streamline financial regulations, citing several as ideas for possible legislation.

Leave a Reply