Missouri Legislature Votes Against Wal-Mart Bank
Missouri Legislature Votes Against Wal-Mart Bank
The Missouri legislature recently approved SB 892, sponsored by Senator Delbert Scott, which is designed to stop Wal-Mart from opening banks in the state.
Wal-Mart has applied to run an industrial bank in Utah, a type of bank this is not regulated by the Federal Reserve.
The bill – passed by unanimous votes in both the House and Senate – bars industrial bank companies from having any branches in Missouri.
Interesting news, and I thought I would see what folks have to say about this.
post a question or comment here or contact John Crabtree, johnc@cfra.org
Center for Rural Affairs
Values. Worth. Action.
The Missouri legislature recently approved SB 892, sponsored by Senator Delbert Scott, which is designed to stop Wal-Mart from opening banks in the state.
Wal-Mart has applied to run an industrial bank in Utah, a type of bank this is not regulated by the Federal Reserve.
The bill – passed by unanimous votes in both the House and Senate – bars industrial bank companies from having any branches in Missouri.
Interesting news, and I thought I would see what folks have to say about this.
post a question or comment here or contact John Crabtree, johnc@cfra.org
Center for Rural Affairs
Values. Worth. Action.
2 Comments:
At 11:16 PM, Anonymous said…
I don't care what people say about Walmart donating money to local charities and causes in the communities that they have stores in, Walmart is just plain evil.
At 2:58 PM, Anonymous said…
WalMart = Satan's Five and Dime
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