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Letter to Senate Committee on Banking, Housing and Urban Affairs Re: Urge Rejection Of Anti-Consumer Provisions In House Regulatory Relief Offer

National consumer and community groups write to urge rejection of a number of proposals in H.R. 3505 that House negotiators asked the Senate to include in final regulatory relief legislation. These proposals posed a significant threat to low and moderate income consumers because they would override important state laws with weak substitutes and undermine key consumer protections under federal law.