Senate Defeats GOP Effort To Water Down CFPB
Senators voted 38-61 to defeat the CFPB alternative advanced by Sens. Richard Shelby, R-Ala., and Mitch McConnell, R-Ky, offered as part of S. 3172, the Restoring Financial Stability Act, sponsored by Senate Banking Committee chairman Chris Dodd, D-Conn.
The White House came out in strong opposition to...
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