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Home » Store » News » Industry: CFPA Will Create ‘Public Utilities’

Industry: CFPA Will Create ‘Public Utilities’

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The proposed Consumer Financial Protection Agency’s power would be so broad that it could potentially limit product choices, ration credit, raise costs and eliminate the desire and willingness of the private sector to take risks and innovate, according to financial services providers. The CFPA could turn the financial sector into a...
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