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uPolitics.com
uPolitics.com
Sen. Elizabeth Warren (D-Massachusetts) and Rep. Katie Porter (D-California) proposed changes to banking oversight in the wake of the Silicon Valley Bank collapse. The proposal would reintroduce banking regulations rolled back with bipartisan support during the Trump administration. “No one should be mistaken about what unfolded over the past few days in the U.S. banking system: These recent bank failures are the direct result of leaders in Washington weakening the financial rules,” Warren wrote in an op-ed for the New York Times. “But it’s no wonder the American people are skeptical of a syst…