Political Quotes

Wendell Ford: “In areas where foreign banks compete directly with U.S. banks, would it be the chairman's view that the inapplicability…”

On the recordApril 26, 1994
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?
Said by
Wendell Ford
Kentucky

Editor's note · Context

Questioning the impact of foreign banks on U.S. banking regulations.

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