BOSTON, Mass.(6/23/09)--Credit unions should be given expanded powers, House Financial Services Committee Chairman Barney Frank told Massachusetts Credit Union League members on Monday.
Speaking before a meeting held in conjunction with the Credit Union National Association's America's Credit Union Conference, Frank said that credit unions have not been singled out for negative treatment under financial regulatory reform because they "were zero part of the current financial upheaval."
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courtesy of cuna.org