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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 WarnerMark Robert WarnerThe Hill's Morning Report — Sponsored by PhRMA — The art of walking away from the deal Giuliani: Trump asked White House lawyer to go to Russia briefings Top Intel Dems denounce presence of Trump lawyer at classified briefings MORE (D-Va.) amendment 693, to stop the repeal of the estate tax without offsetting the revenue, passed 80-19.

- Sen. John ThuneJohn Randolph ThunePoll: 8 in 10 people in key states concerned about driverless cars Hillicon Valley: Mnuchin urges antitrust review of tech | Progressives want to break up Facebook | Classified election security briefing set for Tuesday | Tech CEOs face pressure to appear before Congress Senate GOP urges Trump administration to work closely with Congress on NAFTA MORE (R-S.D.) amendment 307, to permanently eliminate the federal estate tax, failed 46-53.

- Sen. Jack ReedJohn (Jack) Francis ReedSenate panel again looks to force Trump’s hand on cyber warfare strategy Overnight Defense: Pompeo lays out new Iran terms | Pentagon hints at more aggressive posture against Iran | House, Senate move on defense bill Defense bill moves forward with lawmakers thinking about McCain MORE (D-R.I.) amendment 482, to provide funding for low-income weatherization and energy efficiency retrofit programs, passed by voice vote.

- Sen. Mary LandrieuMary Loretta LandrieuLandrieu dynasty faces a pause in Louisiana Senate GOP rejects Trump’s call to go big on gun legislation Project Veritas at risk of losing fundraising license in New York, AG warns 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 UdallThomas (Tom) Stewart UdallDem senator presses EPA over reporter 'intimidation' Dems expand 2018 message to ‘draining the swamp’ Overnight Energy: Pruitt taps man behind 'lock her up' chant for EPA office | Watchdog to review EPA email policies | Three Republicans join climate caucus MORE (D-N.M.) amendment 483 to create royalty fees for hardrock mineral mined on federal land, passed by voice vote.

- Sen. Jon TesterJonathan (Jon) TesterPro-Trump super PAC raises .5 million in 6 weeks Overnight Finance: Trump signs Dodd-Frank rollback | Snubs key Dems at ceremony | Senate confirms banking regulator | Lawmakers lash out on Trump auto tariffs Trump signs Dodd-Frank rollback 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 CaseyRobert (Bob) Patrick CaseySenate Dems to Mnuchin: Don't index capital gains to inflation Senators offer tax bill aimed at helping first responders McConnell: Midterms will be 'very challenging' for GOP 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 CoatsDaniel (Dan) Ray CoatsConservatives leery of FBI deal on informant GOP senator: Trump has no right to influence an investigation The Hill's Morning Report — Sponsored by PhRMA — How long can a Trump-DOJ accord survive? 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 CardinBenjamin (Ben) Louis CardinDem sen: No military option in North Korea ‘without extreme risks’ Deregulating firearms exports risks putting guns in the wrong hands Senate Dems to Mnuchin: Don't index capital gains to inflation MORE (D-Md.) amendment 273, to improve oral healthcare for children with Medicaid coverage, passed by voice vote.

- Sen. Mike LeeMichael (Mike) Shumway LeeGOP senators introduce Trump's plan to claw back billion in spending Trump has exposed Democratic hypocrisy on prison reform Denial of services to same-sex couples can harm their health 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.