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CFPA losing steam?

September 29, 2009 | federal legislation, industry, regulation | Comments (0)

According to this article it is:

That the financial industry could successfully push back against such a plan would have been unthinkable a year ago, when the markets teetered on the brink of collapse.

“The sense is that people are taking a more deliberative approach, and I think that is very beneficial,” said Wayne Abernathy, executive vice president of the American Bankers Association.

But it will still pass according to several lobbyists I know.

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