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On The Money — Bank chiefs under fire for low savings interest rates

Por: The Hill Politics September 24, 2022

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Lawmakers want to know why interest rates on savings accounts aren’t rising as fast as the Federal Reserve’s baseline interest rate range. We’ll also look at GOP resistance to a key priority for Sen. Joe Manchin (D-W.V.) and up to $45 billion in pandemic relief fraud.  But first, find out why falling home prices aren’t much help .  ,  and .  Lawmakers slam big bank CEOs over savings rates Congressional lawmakers slammed U.S.... + full article



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