Rep. Maxine Waters Seeks to Protect Consumers with “Megabank” Bill

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 Read More