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Budget Committee Takes Test Vote on Breaking up the Banks

April 23, 2010 - by Donny Shaw

Sen. Bernie Sanders [I, VT] yesterday forced a vote on an amendment on breaking up the big banks in the Budget Committee mark-up of the 2011 budget resolution. The amendment didn't pass, but it came closer than I think even Sanders expected. It was rejected on a 12-10, bipartisan vote, which Sanders in a press release called "a strong signal of the growing momentum behind proposals to dismantle financial institutions that dominate the U.S. economy."

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Bernie Sanders too big to fail financial reform Budget Committee finreg bailouts S.3241
 

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