Small and midsized banks could get regulatory relief from Senate. Wall Street? Probably not

The Senate could reduce regulations for small and midsized banks, but Wall Street may be out of luck.

House Republicans and the Trump administration want a major rollback of the 2010 Dodd-Frank financial reform law, including changes that would help the nation’s largest banks. But as debate shifts to the Senate, those changes are likely to be scaled back significantly because Republicans lack the votes to push many of them through.