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GOP repeals Biden-era rule cracking down on bank mergers

Source: Politico

Politico.com - For more and to sign up click here House Republicans on Tuesday passed legislation to rescind a Biden-era policy meant to more closely scrutinize proposed bank mergers, sending the regulatory rollback to President Donald Trump’s desk. The House voted 220-207 to nullify a new rule finalized by the Office of the Comptroller of the Currency last September that created a tougher regulatory process for…

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Read the original source at Politico