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March 9, 2017, 10:05 a.m. EST

Trump to talk regulations with community bankers | Republicans’ health bill advances

Illegal Southwest border crossings down 40% in February

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By Robert Schroeder, MarketWatch


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President Donald Trump will meet with the heads of small and community banks Thursday.

President Donald Trump is set to meet with the chief executives of small and community banks on Thursday, with the group expected to discuss regulations.

The White House says the meeting will be a “listening session” led by the president and the National Economic Council. Attendees include the CEOs of Bank of Bennington, First State Bank of St. Charles and ValueBank Texas, according to a list from Bloomberg . Industry trade group leaders will also attend.

Step for health bill: The Republican plan to repeal and replace Obamacare cleared a hurdle early Thursday as it passed the House Ways and Means Committee . The Associated Press has more on the committee vote and the bill, which would replace income-based subsidies with tax credits based more on age. Another House panel was still working on the bill as of Thursday morning, and it would need to go to the full House and Senate for votes. But it faces resistance from conservative groups and even some senators, one of whom was tweeting about it Thursday morning:

Graham’s advice: Trump should be ready to “walk away from the frigging table” if he feels jammed by Congress on health care, Sen. Lindsey Graham told Politico . Graham, known for clashing with Trump, dined with the president this week and said the meeting went well. In an interview with Politico, Graham said his advice to Trump on the health bill is not to make a deal for a deal’s sake. Trump should be clear and say: “I’m not going to give into demands by members of Congress or the Senate if I don’t believe it’s in the interest of the American people and just walk away from the frigging table.”

Also read: Mark Cuban’s Obamacare fix: Only cover all chronic or life-threatening conditions.

Illegal border crossings fall: CNN reports illegal Southwest border crossings were down 40% last month , a sign that Trump’s hard-line rhetoric and policies on immigration may be having a deterrent effect. The Customs and Border Protection data showing the decline from January to February is far outside normal seasonal trends, CNN notes. Typically the month-to-month change is an increase of 10% to 20%.

Robert Schroeder is a reporter for MarketWatch in Washington. Follow him on Twitter @mktwrobs.

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