Wednesday, June 23, 2010

Auto dealers won a key concession

Auto dealers won a key concession to keep their lending business from the powers of a proposed consumer protection bureau, overcoming a last-ditch attempt by House Democrats to expand the bureau's powers.But dealers were still fighting a proposal by Senate Democrats that would give the bureau a say in some rules while expanding the powers of the Federal Trade Commission under the bill.

Turn Auto Notes Into Cash

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