Alabama Republican Spencer Bachus, the incoming chairman of the House banking committee, suggested Congress and federal regulators should bow down to US banks.
"In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks," Bachus told The Birmingham News in an interview.
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I am not so sure that this is new news. Just a statement of fact.
ReplyDeleteJust the fact that this is supposed to be the dog protecting the hen house and he's actually the fox! True, it's all the same news. Been going on for a long time.
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