Dodd-Frank rollback passed in Senate

WASHINGTON — The Senate passed bipartisan legislation Wednesday designed to ease bank rules that were enacted to prevent a relapse of the 2008 financial crisis.

The Senate voted 67-31 for a bill from Republican Mike Crapo of Idaho that would dial back portions of the law known as Dodd-Frank.

The legislation would increase the threshold at which banks are considered so big and plugged into the financial grid that if one were to fail it would cause major havoc. Those banks are subject to stricter capital and planning requirements. Lawmakers are intent on loosening the restraints on them in hopes that it will boost lending and the economy.

Dismantling Dodd-Frank was one of Donald Trump's campaign pledges.

Democrats opposed to the bill were led by Sens. Elizabeth Warren of Massachusetts and Sherrod Brown of Ohio, who said the bill would increase the likelihood of future taxpayer bailouts.

The House has passed a more-expansive rollback of Dodd-Frank. Lawmakers now will try to work out a compromise that both chambers can support.

The crew is based out of Naval Air Station Oceana, in Virginia Beach, Virginia. The Super Hornet is a twin-engine fighter jet that is larger than the single-seat F/A-18 Hornet. implications of facing an unknown number of suits for old claims.

Michigan State University and USA Gymnastics, where Nassar worked for decades, have been sued by more than 250 girls and women. Among the school's arguments in federal court are that many accusers waited too long to sue and that it has immunity.