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Home » Store » Taxable » Go Slowly on Preemption, Council Tells Fed Board

Go Slowly on Preemption, Council Tells Fed Board

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Taxable

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Members of a key Federal Reserve Board advisory counsel have urged that the issue of federal preemption be put aside until state and local predatory lending laws have had more time to work. “We need to know what kind of loans are being squeezed out before we come to any conclusion about whether these types of regulations are good for or bad for credit availability in low
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