Tag: michael capuano

Rep. Maxine Waters seeks to protect consumers with ‘Megabank’ bill

Rep. Maxine Waters seeks to protect consumers with ‘Megabank’ bill

| October 19, 2017

By Freddie Allen (Editor-In-Chief, NNPA Newswire) In an effort to rein in financial institutions that have track records for harming consumers, Rep. Maxine Waters (D-Calif.) recently unveiled The Megabank Accountability and Consequences Act (H.R. 3937). The new bill would require, “prudential banking regulators, such as the Office of the Comptroller of the Currency, the Federal […]

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