This bill is targeted towards small community banks and credit unions. They’re the ones who do the majority of small business & agricultural lending, and this is going to make a huge difference for rural Virginia.https://twitter.com/lifesafeast/status/971773527962595328 …
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Would this bill increase the chances of another financial crisis and more big bank bailouts? The CBO, and common sense, says yes.
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3 years ago, a study commissioned by the city of Richmond, Va., found that black applicants were less likely to receive home purchase loans or refinance loans regardless of their incomes. How can u support exempting 85% of banks from reporting loan & borrower characteristics?
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Community banks like SunTrust?
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Mark, you are lying. Warren explained this pathetic screw to consumers. I’m so beyond dossapointed you are signing onto this. As s tax payer, we all got royalty screwed in 2008, you are taking us right back there again. Shame on you!
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Yeah! Working class Americans really need bank deregulation, right now! This is definitely what you should be committing your time to. Off topic, how soon are you up for reelection?
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If it were million rather than BILLION, I might believe you. But $25,000,000,000 isn't a small community bank by any stretch of the imagination. I don't believe you, Senator Warner.

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WTF this have to do with regional banks?
#DoddFrankRollback now includes a provision that takes away servicemembers’ right to take Equifax to court the next time the company’s recklessness exposes their sensitive financial data.Thanks. Twitter will use this to make your timeline better. UndoUndo
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As a constituent, I'd say that a bank big enough to buy stadium naming rights probably doesn't need any federal relief, yet lots of those banks benefit from this bill. Virginians--and all Americans--have so many bigger immediate needs than making sure banks get another windfall.
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No they haven't. Why are you peddling this BS?
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The
#BankLobbyistAct lets banks of any size challenge Fed action to specifically regulate them as not tailored enough. Thread:https://twitter.com/ddayen/status/969677170544058368 …
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You're a shill. I'll be canvasing for your and
@timkaine's opponents. We've had 30+ years of your Reaganomic centrism kowtowing to corporate interests and here we are. Change your party and let the actual progressives have a go at running things. You've done enough harm.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Sure they have. We're not buying it sir. You sold your soul to make the big banks and your donors happy at the expense of the American taxpayer. Shame on you!
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Then why is
@SenWarren saying different? You two had better get together with the rest of the Dems and straighten this out because all you're doing is confusing people. SERIOUSLY!Thanks. Twitter will use this to make your timeline better. UndoUndo
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First tweet..a huge No, it’s targeted for the big banks, the smaller banks get crumbs in comparison. Third tweet..it wasn’t the regional banks who tumbled the markets, it was the deregulation, that allowed the rules to change. They repackaged the mortgages, and sold them to 3rd
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Party investors, who then over leveraged them through AIG, and then the guys on Wall Street bet against the same people they lent the money, to. Bankrupting AIG, who could no longer secure the packaging. It was like a Domino, after. So, then the regional banks were forced to
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take the bailout. Now, you’re setting them up again. It may not be mortgages this time, but, they’ll figure another way to beat the system. We all know the Feds were under manned to do anything about the problem until it was too late. Under, this Administration we’re supposed
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to trust the people who pay 31 k for a dining set and 140 k for doors to regulate banks??? Come on, Senator! Tell me this, will they continue to test the banks for Capital and leverage? Or does that go out the window, with reporting discrimination?
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Why now? Why not wait until after mid-terms? Why the urgency? Don’t you have a better chance of getting more after the mid-term elections?
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Dodd-Frank was imperfect, but, deregulation of reporting from banks is not good for your Constituents..I know it’s burdensome for banks, but, think about how burdensome discrimination is for people, think about how not reporting Foreign Transactions and Money scheme can affect
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our Democracy at this point in history.
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The real solution is making them split..it may be far fetched but, separating the two sides, would avoid a lot of these problems...
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