ABA spokesman Jeff Sigmund said the group remained concerned about the proposed limits but understood the fiscal need to consider it. He said the association is working with lawmakers to address the concerns through notices and mitigation.
"There are a variety of ways banks work to educate their customers and help them make the right choices," Jeff Sigmund, the ABA's vice president of public relations, wrote in response to an inquiry. "It seems inappropriate for a government agency to endorse one 'good idea' as a best practice and see
The bill provoked sharp objections from banking organizations. Jeff Sigmund, a spokesman for theAmerican Bankers Association in Washington, said Browns bill would harm banks and theircustomers, local communities and the broader economy.
Date: Apr 25, 2013
Category: Business
Source: Google
Lobbying firm's memo spells out plan to undermine Occupy Wall Street
Jeff Sigmund, an ABA spokesperson, confirmed that the associationgot thememo. Our Government Relations staff did receive the proposal it was unsolicited and we chose not to act on it in any way, he said in a statement to "Up."