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Brown says community bank bill will cost taxpayers, cites CBO estimate it will increase deficit by $671 million

( March 6, 2018, 14:36 GMT | Official Statement) -- MLex Summary: US Senator Sherrod Brown, the top Democrat on the Senate Banking Committee, called a Senate proposal to ease Dodd-Frank regulations for community banks a "bank giveaway bill" that will cost taxpayers, after the Congressional Budget office projected the bill would increase the likelihood that a systemically important financial instition will fail. The CBO estimated the bill would increase the federal deficit by $671 million.Statement follows below:...

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