Senate Banking Committee Chairman Alfonse M. D'Amato is expected to ask Senate leaders to bring a bill paring bank regulations to the floor soon.

The bill, introduced last year by Sens. Richard Shelby, R-Ala., and Connie Mack, R-Fla., would "get rid of costly, unnecessary burdens and free up tens and tens of millions of dollars," Sen. D'Amato said during a Senate Banking subcommittee hearing Wednesday.

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