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Debate possible for bipartisan financial regulatory overhaul legislation.

The Senate next week is likely to consider its bipartisan financial regulatory overhaul legislation—a bill that is supported by the credit union trade groups but opposed by consumer advocates.

The bill, S. 2155, was written by Senate Banking Committee Chairman Mike Crapo (R-Id.) and a group of moderate Democrats on his committee. It currently has 25 co-sponsors in the Senate. However, it is opposed by Senate Banking ranking Democrat Sherrod Brown (D-Ohio).

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David Baumann


Credit Union Times

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