On the recordJuly 13, 2009
We know now that for 14 years, despite a clear directive from the U.S. Congress, the Federal Reserve Board took no action to ban abusive home mortgages.
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congress.govWe know now that for 14 years, despite a clear directive from the U.S. Congress, the Federal Reserve Board took no action to ban abusive home mortgages.
Blumenthal criticizes the Federal Reserve for failing to act against abusive mortgages.
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