Banks and Dodd-Frank Act foes on Capitol Hill, close to achieving their biggest financial-regulation rollback since the 2008 credit crisis, are already looking to next year for more wins.
Wall Street firms such as JPMorgan Chase & Co. and Goldman Sachs Group Inc. and regional counterparts like PNC Financial Services Group Inc. and SunTrust Banks Inc. will be counting on Republican control in both houses of Congress to speed up reversal of what they call the overreach of the 2010 regulatory law.
“We've finally broken through,” said Senator Mike Crapo of Idaho, who will be part of a Republican majority next year. “There's opportunity to go further and make other changes.”
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