On the recordMarch 25, 2014
So, you are not able to set any old rate you like, because if you do, someone else who competes with you will set, presumably, a lower rate and competition imposes a discipline in this space.
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congress.govSo, you are not able to set any old rate you like, because if you do, someone else who competes with you will set, presumably, a lower rate and competition imposes a discipline in this space.
Toomey discusses the impact of competition on lending rates.
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