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Army of lobbyists helped water down banking regulations

by BRIAN SLODYSKO and KEN SWEET Associated Press
| March 21, 2023 10:00 AM

WASHINGTON (AP) — It seemed like a good idea at the time: Red-state Democrats facing grim reelection prospects would join forces with Republicans to slash bank regulations — demonstrating a willingness to work with President Donald Trump while bucking many in their party.

That unlikely coalition voted in 2018 to roll back portions of a far-reaching 2010 law intended to prevent a future financial crisis...

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