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Senate Majority Leader Mitch McConnell, shown with former DOL nominee Andrew Puzder, doesn't believe Dodd-Frank will die. (Photo: AP)

(Bloomberg) — Senate Majority Leader Mitch McConnell said he’s pessimistic Congress will overhaul the Dodd-Frank Act because he doubts Republicans can secure enough Democratic votes to make major changes to the sweeping legislation that tightened oversight of banks after the financial crisis.

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