Processors are hoping to become a partner with the government, not targets themselves.
Financial trade groups are pushing back against a growing call to bar banks from actually owning physical commodities.
Senate Democrats are urging the Federal Reserve to prohibit banks from investing in physical commodities like oil, gas and metals, because of the risks it poses to the U.S. financial system.
The revisions will allow financial institutions five more years to comply with a provision of the Dodd-Frank Act.
A conservative group finds taxpayers also spent 2.6 billion hours preparing taxes.
The Fedreral Reserve rejected the bank's plan to return capital to investors.
The decision follows pressure from congressional Republicans to push the rule back.
Portions of the contentious Dodd-Frank regulations remain intact.
Critics of the big banks are crying foul about legislation that is moving through Congress.
Former Minnesota Gov. Tim Pawlenty (R) is calling on lawmakers to "shatter" the so-called "glass ceiling" that many believe prevents women from earning as much money as men in their careers.
"I'm the father of two daughters, and I want them to fully see and embrace the American dream," Pawlenty said Thursday. "So we all need to work on making sure there isn't a glass ceiling, and if there is one, we need to make sure it's busted, broken, shattered."