Serving the Banks

This about says it all:

“In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks,” he said.

Who said that? Only the incoming chair of the House Financial Services Committee, Rep. Spencer Bachus (R-AL).

He plans to spend his time in charge of that committee serving the banks. How do you think that’s going to work out for the average bank customer?

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