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 advantage over U.S. banks?
Wendell Ford: “In areas where foreign banks compete directly with U.S. banks, would it be the chairman's view that the inapplicability…”
Editor's note · Context
Questioning the impact of foreign banks on U.S. banking regulations.
Share
More from Wendell Ford
But it has been mentioned, or that is the information I got from the individual, that is, in my opinion, honest as he can be. So whether it was said on the floor or not, my name has been mentioned today and my hometown has been mentioned.
Do foreign banks have the right to branch interstate under the House bill without meeting the same requirements we put on domestic banks?
Senator, I am going back and check it through again and find out where the information came from, because if you did not say that, then it has made me look a little silly. But still the question in the Second Congressional District was not…
About $50,000. That does not compare to several hundred thousand that was put in by outside sources. $58,600 by--I am not sure if it was Republican National Committee or the House Republican CCC, but that was one purchase that was made at…





