Companies such as John Deere, Toyota Push-to join the banking business
Washington - John Deere & Co., Moline, Ill., farm equipment maker, always wanted something to its line of tractors, backhoes, and dredging.
He wanted his own bank.
In the spring, John Deere, department stores Target, Toyota and other non-lobbying of the House of Representatives so they can offer credit services in Germany by the so-called industrial banks - The government has assured that the lending operations of the new sources of income groups. A bank account with this proposal, the Assembly and is now in the Senate.
Now that the fate of the banking industry is in the hands of a Congress eager for deregulation, Push-to-Mix-Banking with the independent company has alerted some lawmakers and financial officials, who say, blurred the Mix border between trade and industry and Land’s destabilize the financial system.
“It is my hope that these institutions is not sufficient to monitor and regulate,” wrote Representative Jim Leach, Republican of Iowa, in March a request to the General Accounting Office for an audit of the banking industry.
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