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Now that’s political clout

May 25, 2010 | alternatives, federal legislation, industry | Comments (0)

From the story:

Last week, the Senate approved legislation that put auto dealers under the auspices of a new consumer board with power to regulate financial products. But on Monday, the Senate voted 60-30 to instruct members preparing to meet with their House counterparts to settle differences between their versions of the bill to exclude auto dealers from the new board’s purview.

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