Congress in Talks to Provide Regulatory Relief to Smaller Banks: Cohn

From: US News & World Report

By Pete Schroeder

WASHINGTON (Reuters) – A top White House economic adviser said Monday there was “real agreement” in Congress to allowing smaller banks to avoid stricter regulatory scrutiny.


In particular, he expressed confidence that Congress would ultimately alter the 2010 Dodd-Frank financial reform law to raise the caps that determine which big banks garner tougher scrutiny.

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