“The bill has drawn no objections so far from bank regulators or the Obama administration, and proponents argue it is narrowly designed to help a community bank unfairly harmed by the controversial Dodd-Frank law.

"But it is also an object lesson in how the rich and powerful — backed by a team of high-powered lobbyists — can get Congress to act on their issues, even as Capitol Hill wages partisan warfare on everything else.”

The multibillion-dollar trading losses at JPMorgan Chase & Co. have thrust Wall Street banks into a defensive crouch on K Street, prompting financial services lobbyists to clam up, regroup and, in some cases, suspend lobbying altogether.