The opposition against "too big to fail" is about to take a big step forward. On Wednesday, a bill intended to end the perception that some banks fit this description was introduced in the Senate. But with strong opposition against the movement, there remains a question about whether it stands any chance of success. In the video below, Motley Fool contributor John Maxfield discusses the legislative effort and assesses its odds of winning.
A new effort by two senators is putting more pressure on the nation's biggest banks.
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I write about banks, trying my best to balance the good and the bad.