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Republicans use 'death by a thousand cuts' strategy to deregulate Wall Street

"For the second time in two weeks, House Republicans brought up a package of 11 bills designed to deregulate Wall Street and water down Dodd-Frank financial reforms. This time, they had the votes to pass it.

"Today’s bill easily cleared the hurdle of majority support, gaining final passage by a count of 271-154 largely along party lines.

"Even fewer Democrats supported the anti-reform measures this week than last week, which demonstrates the efforts of Democrats led by Elizabeth Warren to recast as politically toxic any legislation with favors for Wall Street.