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“There are at least three independent studies recently that underscore that ‘Too Big To Fail’ is still alive and well,” Vitter said. “’Too Big To Fail’ policies are creating an unfair playing field for smaller banks.”

Brown and Vitter argue that the Dodd-Frank financial reform law didn’t do enough to keep large banks in check. They say that if banks are still “Too Big To Fail,” they have an unfair advantage and are able to borrow more money since lenders believe they would be bailed out if a risky investment fails.





The Senate also voted on the following budget amendments:

- Sen. Mark Warner Mark Robert WarnerIntelligence chief says Congress will get some in-person election security briefings Overnight Defense: Trump hosts Israel, UAE, Bahrain for historic signing l Air Force reveals it secretly built and flew new fighter jet l Coronavirus creates delay in Pentagon research for alternative to 'forever chemicals' House approves bill to secure internet-connected federal devices against cyber threats MORE (D-Va.) amendment 693, to stop the repeal of the estate tax without offsetting the revenue, passed 80-19.

- Sen. John Thune John Randolph ThunePowell warns failure to reach COVID-19 deal could 'scar and damage' economy Senate Republicans signal openness to working with Biden Democrats scramble on COVID-19 relief amid division, Trump surprise MORE (R-S.D.) amendment 307, to permanently eliminate the federal estate tax, failed 46-53.

- Sen. Jack Reed John (Jack) Francis ReedWhen 'Buy American' and common sense collide Hillicon Valley: Russia 'amplifying' concerns around mail-in voting to undermine election | Facebook and Twitter take steps to limit Trump remarks on voting | Facebook to block political ads ahead of election Top Democrats press Trump to sanction Russian individuals over 2020 election interference efforts MORE (D-R.I.) amendment 482, to provide funding for low-income weatherization and energy efficiency retrofit programs, passed by voice vote.

- Sen. Mary Landrieu Mary Loretta LandrieuBottom line A decade of making a difference: Senate Caucus on Foster Youth Congress needs to work to combat the poverty, abuse and neglect issues that children face MORE (D-La.) amendment 314, to fix Congressional Budget Office scoring on leases of major medical facilities of the Department of Veterans Affairs, passed by voice vote.

- Sen. Tom Udall Thomas (Tom) Stewart UdallOVERNIGHT ENERGY: House Democrats tee up vote on climate-focused energy bill next week | EPA reappoints controversial leader to air quality advisory committee | Coronavirus creates delay in Pentagon research for alternative to 'forever chemicals' Senate Democrats demand White House fire controversial head of public lands agency OVERNIGHT ENERGY: Trump extends Florida offshore drilling pause, expands it to Georgia, South Carolina | Democrats probe Park Service involvement in GOP convention | Sanders attacks 'corporate welfare' to coal industry included in relief package MORE (D-N.M.) amendment 483 to create royalty fees for hardrock mineral mined on federal land, passed by voice vote.

- Sen. Jon Tester Jonathan (Jon) TesterPence seeks to boost Daines in critical Montana Senate race This World Suicide Prevention Day, let's recommit to protecting the lives of our veterans Filibuster fight looms if Democrats retake Senate MORE (D-Mont.) amendment 537, to authorize children who are eligible to receive healthcare furnished under laws administered by the Secretary of Veterans Affairs to retain such eligibility until age 26, passed by voice vote.

- Sen. Pat Toomey (R-Pa.) amendment 535, to repeal the tax increase on catastrophic medical expenses created by the Affordable Care Act, failed 45-54.

- Sen. Robert Casey Robert (Bob) Patrick CaseyGAO report finds brokers offered false info on coverage for pre-existing conditions Catholic group launches .7M campaign against Biden targeting swing-state voters GOP senator to quarantine after coronavirus exposure MORE (D-Pa.) amendment 442, to fund Edward Burn Memorial Justice assistance grants for state and local law enforcement, passed by voice vote.

- Sen. Dan Coats Daniel (Dan) Ray CoatsThe Hill's Morning Report - Sponsored by The Air Line Pilots Association - Trump, Biden renew push for Latino support Former Intel chief had 'deep suspicions' that Putin 'had something on Trump': book Overnight Defense: Woodward book causes new firestorm | Book says Trump lashed out at generals, told Woodward about secret weapons system | US withdrawing thousands of troops from Iraq MORE (R-Ind.) amendment 514, to allow presidential exemptions from the rule of the Environmental Protection Agency — the Mercury and Air Toxins Standard — for power plants that need additional time to meet standards, failed 46-53.

- Sen. Ben Cardin Benjamin (Ben) Louis CardinPPP application window closes after coronavirus talks deadlock Congress eyes tighter restrictions on next round of small business help Senate passes extension of application deadline for PPP small-business loans MORE (D-Md.) amendment 273, to improve oral healthcare for children with Medicaid coverage, passed by voice vote.

- Sen. Mike Lee Michael (Mike) Shumway LeeMcConnell shores up GOP support for coronavirus package McConnell tries to unify GOP Davis: The Hall of Shame for GOP senators who remain silent on Donald Trump MORE (R-Utah) amendment 373, to provide a point of order against budgets spending more on net interest payments on the debt than on national defense, and to ensure the government funds its military at higher levels than the militaries of foreign holders of its debt, failed 46-53.