Comptroller Hawke addresses bankers
Last week Comptroller of the Currency John D. Hawke, Jr. addressed the American Bankers Association at its annual meeting in Hawaii. His comments addressed his views as to why banks were increasingly coming under legislative scrutiny. In particular, he focused on several areas he thinks may bring increased regulation on banks -- if they don't do something about it themselves: financial privacy and identity theft, predatory lending, and credit card account management practices.
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