A key Senate Democrat said he intends to maintain the push for bipartisan banking regulation overhaul legislation even though talks between Senate Banking Committee leaders have broken down.

"I still believe we have an opportunity to negotiate a bipartisan regulatory relief package for community financial institutions, while protecting consumers and ensuring the safety of our financial system," said Sen. Joe Donnelly (D-Ind.).

Senate Banking ranking Democrat Sherrod Brown (D-Ohio) said earlier this week that his talks with Chairman Mike Crapo (R-Id.) have ended without an agreement on legislation. He said that he could not agree to gut "protections for working people and taxpayers."

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