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Why Jon Tester did the right thing for Montanans

Banks and credit unions don’t always agree on much, but they agree on this: Sen. Jon Tester stood up for Montana’s communities, and their small banks and credit unions, when he helped author a bipartisan bill to provide regulatory relief to certain financial institutions.

The Dodd-Frank Act was a “one-size-fits-all” congressional response to the 2008 financial crisis designed to address the risky decisions made by “Too-Big-To-Fail” Wall Street banks. It was 2,300 pages long and created more than 400 new regulations. While these regulations were designed for Wall Street Banks, they also applied...

 

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