In today’s edition of WSFM radio, Sanders Financial Management’s Owen Malcolm talks about the new financial reform bill, which he expects the President to sign by July 4. Malcolm says the bill could affect anyone with a bank account or a credit card. The bill will allow states to impose stricter consumer protection laws on national banks, raise the level of FDIC insurance for consumer bank accounts to $250,000 and set new minimum underwriting standards for home mortgages.wsfm 6-28-10 full version
Advertisement
