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Home » Store » News » Frank Opposed to Placing CRA Under New Agency’s Jurisdiction

Frank Opposed to Placing CRA Under New Agency’s Jurisdiction

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There is some resistance to an Obama administration regulatory restructuring plan to allow the Consumer Financial Protection Agency to administer and enforce the Community Reinvestment Act. House Financial Services Committee Chairman Barney Frank, D-CT, said he is hesitant to move the CRA to the new agency, although he did not clearly explain...
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