- The U.S. Senate has voted 67 to 31 to ease bank rules, bringing Congress a step closer to passing the first rewrite of the Dodd-Frank reform law enacted after the financial crisis.
- The bill spikes the asset level at which a bank becomes "systemically important" from $50B to $250B and exempts banks with less than $10B in assets from rules banning proprietary trading.
- Related tickers: ALLY, AXP, BBT, BBVA, BK, BMO, CIT, CFG, CMA, DB, DFS, FITB, HBAN, KEY, MTB, NTRS, RF, SAN, STT, STI, ZION
Senate passes bill easing Dodd-Frank
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Symbol | Last Price | % Chg |
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ALLY | - | - |
Ally Financial Inc. |