Senate Banking Committee Member Dismisses Calls for Regulations, Bankers Applaud
Briefly

The American Bankers Association welcomed the Republican's defense of a 2018 law that weakened regulations.Montana Republican Sen. Steve Daines, a member of the Senate Banking Committee and a major recipient of securities industry donations, speaks on July 24, 2021, in Emigrant, Montana.William Campbell / Getty Images Republican Sen. Steve Daines of Montana garnered applause from a room full of bankers on Tuesday after he dismissed calls for tougher regulations following the collapse of Silicon Valley Bank and Signature Bank.
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