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Financial Crash Devastated Central Valley. Why Risk a Repeat?

Wednesday, June 7, 2017
Graciela Aponte-Diaz | The Sacramento Bee
Graciela Aponte-Diaz

The U.S. House is expected to vote Thursday on the so-called Financial CHOICE Act, a bill that would eliminate consumer protections and destroy safeguards in place to avert financial crises like the one California just survived. The bill should be called the “Wrong Choice Act,” because it will turn back the clock to 2007, when toxic and manipulative financial products brought down the entire economy.