No Carve-Outs for Auto Dealers
This two-page paper lays out reasons why auto dealers should not be exempt from banking reform legislation. Auto dealers are seeking special carve-outs on Capitol Hill under the bill: Restoring American Financial Stability Act of 2010 (S. 3217). This bill aims to put an end to the reckless practices of Wall Street and the abusive and discriminatory tactics by finance companies of all stripes.