The city’s new banking law — hailed by Council Speaker Christine Quinn as “groundbreaking” when it passed this spring — is already behind schedule. Under the Responsible Banking Act, which took effect June 28, Quinn and Mayor Michael Bloomberg had 60 days to appoint representatives to an advisory board that would examine the mortgage and lending
Missing Members On New City Banking Board
The city’s new banking law — hailed by Council Speaker Christine Quinn as “groundbreaking” when it passed this spring — is already behind schedule. Under the Responsible Banking Act, which took effect June 28, Quinn and Mayor Michael Bloomberg had 60 days to appoint representatives to an advisory board that would examine the mortgage and […]