Senate panel keeps bank anti-tying provision

Brostoff, Steven
August 1998
National Underwriter / Life & Health Financial Services;8/10/98, Vol. 102 Issue 32, p1
Announces the United States Senate Banking Committee's vote to keep the current Bank Holding Company Act provision against tying the extension of credit to purchase of another product. Insurance agents' objection to the provision; Remarks of Committee Chairman Alfonse D'Amato, R-N.Y.; Committee's adoption of the managers' amendment & rejection of Federal Reserve Board's fallback proposal.


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