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I read, with great interest, the Editor’s Column on the recently introduced legislation pertaining to the oversight review of financial regulators [CU Times, Feb. 8]. It is no surprise that the two major credit union trade organizations have jumped on the bandwagon of those supporting HR 3461, the Financial Institution Examination Fairness and Reform Act. It is clear that they believe another layer of government, more federal employees and another cost to the taxpayer is what is needed to correct a problem they perceive.

Peter Westerman

Credit Union Times

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