Political Quotes

Wendell Ford: “Is the chairman aware of any other concerns being expressed by U.S. bankers about possible competitive advantages being…”

On the recordApril 26, 1994
Is the chairman aware of any other concerns being expressed by U.S. bankers about possible competitive advantages being given to foreign banks under any interstate banking proposals?
Said by
Wendell Ford
Kentucky

Editor's note · Context

Questioning concerns of U.S. bankers regarding interstate banking proposals.

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In areas where foreign banks compete directly with U.S. banks, would it be the chairman's view that the inapplicability of the Community Reinvestment Act or consumer banking laws or fair lending laws could give foreign banks a competitive…

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