Rep. Joseph P. Kennedy 2d, D-Mass., blasted Republican lawmakers last week for proposing to scale back regulations on banks at a time in which the industry is recording record profits.

"It is going to make it harder for people to save their money, get credit to buy a home, send their children to college, or start a small business," Rep. Kennedy said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.