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Elizabeth Warren Eyes Govt Crackdown on Auto Lenders
2015-05-08 21:26:39| Auto Dealers - Topix.net
Sen. Elizabeth Warren, D-Massachusetts, is planning to hit the brakes on car dealers' financing practices with new legislation which would regulate their actions in granting auto loans. But, in doing so, Warren is picking a fight with the powerful auto finance industry, Republicans, and many in her own party who recoil at the idea of granting government regulators even more power over the economy, The Hill notes .
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Category:Automotive