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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 WarnerOvernight Cybersecurity: Equifax hit by earlier hack | What to know about Kaspersky controversy | Officials review EU-US privacy pact Overnight Tech: Equifax hit by earlier undisclosed hack | Facebook takes heat over Russian ads | Alt-right Twitter rival may lose domain Facebook under fire over Russian ads in election MORE (D-Va.) amendment 693, to stop the repeal of the estate tax without offsetting the revenue, passed 80-19.

- Sen. John ThuneJohn Randolph ThuneAviation panel recommends Trump roll back safety rules Overnight Regulation: House moves to block methane rule | Senators wrestle with allowing driverless trucks | EPA delays toxic waste rule Overnight Tech: Senate looks at self-driving trucks | Facebook to keep ads off fake news | House panel calls Equifax CEO to testify MORE (R-S.D.) amendment 307, to permanently eliminate the federal estate tax, failed 46-53.

- Sen. Jack ReedJohn (Jack) Raymond ReedOvernight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Senate passes 0B defense bill This week: Senate wrapping up defense bill after amendment fight 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 LandrieuCNN producer on new O'Keefe video: Voters are 'stupid,' Trump is 'crazy' CNN's Van Jones: O'Keefe Russia 'nothingburger' video 'a hoax' Trump posts O'Keefe videos on Instagram 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 UdallIT modernization measure included in Senate-approved defense policy bill Live coverage: Sanders rolls out single-payer bill Where Dems stand on Sanders's single-payer bill 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) TesterFive things to know about Sanders’s single-payer plan Where Dems stand on Sanders's single-payer bill Overnight Regulation: DeVos ignites backlash with rewrite of campus sexual assault policy l EPA power plant rule decision likely this fall | Panel approves Trump financial regulator nominees 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. Bob CaseyRobert (Bob) Patrick CaseySenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill GOP eying 'blue slip' break to help Trump fill the courts Dems offer alternative to Trump administration's child care proposal 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 CoatsOvernight Cybersecurity: DHS bans agencies from using Kaspersky software | Panel calls Equifax CEO to testify | Facebook pulling ads from fake news Mueller investigation focusing on social media's role in 2016 election: report Intelligence director criticizes former officials for speaking out against Trump 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 CardinTrump officials brief lawmakers on North Korea Blackwater founder calls for military contractors in Afghanistan Tillerson moves to eliminate special envoy posts at State Dept.: report MORE (D-Md.) amendment 273, to improve oral healthcare for children with Medicaid coverage, passed by voice vote.

- Sen. Mike LeeMichael (Mike) Shumway LeeOvernight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Senate passes 0B defense bill Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea 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.