Business

Congress Weighs Whether Big Banks Can Own Commercial Assets

NPR | July 24, 2013 8:59 a.m.

Contributed By:

Yuki Noguchi

The Senate Banking Committee is looking into whether big banks should be allowed to own key commodity businesses, ranging from warehouses that store metals to oil pipelines. Consumer advocates say the banks sometimes create bottlenecks that push up prices. The banks, not surprisingly, say that’s not so.

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