Manchin Now Says Bank Deregulation Isn’t Great Despite “Yes” Vote on 2018 Repeal
In the wake of the Silicon Valley Bank failure, bank deregulation doesn’t look so good to Manchin.
Sen. Joe Manchin (D-West Virginia) suddenly isn’t so sure whether it’s such a great idea to repeal bank regulations. On Tuesday, Manchin reportedly said that in the wake of the failure of Silicon Valley Bank, he wouldn’t vote again on the sweeping bill that got rid of Dodd-Frank regulations implemented after the Great Recession to prevent major bank failures and corruption — marking a reversal...