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Political Factoid
Newsweek reports, "The
nonpartisan Congressional
Budget Office estimated
that the bill* would raise
federal deficits by $671 million
over between 2018 and 2027,
due mostly to a lack of fee
and fine collection and because
of the increased risk of annual
bank failures."
| * |
Passed by the Republican-led Congress
in 2018 that rolled back key Dodd-Frank
regulations on many of the nation's larger
banks.
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