Posted on 10/21/2009 8:10:15 PM PDT by Libloather
Edited on 10/21/2009 8:12:30 PM PDT by Admin Moderator. [history]
The measure, approved by voice vote, would allow federal regulators to exempt national banks from state laws if those laws would "significantly interfere" with the bank's ability to do business. Otherwise, banks would be forced to comply with a myriad of state laws that are often tougher than federal laws, under the House plan.
(Excerpt) Read more at news.ino.com ...
Here commes Barney...repeat...
Am I reading this right. Barney wants to LOOSEN Regs on Banks? States will NOT be allowed to PROTECT it’s citizens?
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