Banking & Financial Services E-Note – August 2014

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Banking & Financial Services E-Note – August 2014

In This Issue:

– Lawmakers Urge Given to explain Emergency Lending Rules

– CFPB Pushing Colleges to become More Transparent in Bank Deals

– Report Finds Reversal in Trend Toward Subprime Automotive Loans

– CFPB Concerned Over Risks from Virtual Currencies

– Banks Pressured to hack Lower on Casino Money-Washing

– Small Companies Find Alternative Lending Includes CatchBanking & Financial Services E-Note – August 2014

– Excerpt from Lawmakers Urge Given to explain Emergency Lending Rules:

The Fed must clarify its emergency lending authority rules to foreclose the potential of “backdoor bailouts” inside a future economic crisis, a bipartisan number of lawmakers stated inside a letter. The central bank’s suggested rules for emergency lending place “no significant limitations” on its lending forces currently of crisis, inviting the possibilities of assistance much like that provided 5 years ago, 15 Senate and House people authored within the letter to Fed Chair Jesse Yellen.

Please visit full E-Note below to learn more.

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