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Fight against UIGEA
September 18, 2008, 8:53 am (3 years ago)There's thrilling news to announce in the battle in opposition to the UIGEA. Numerous sites revealed late Tuesday that Barney Frank's HR 6870, an anti-UIGEA bill that developed from his HR 5767 that did not succeed previous this summer, passed the 1st stage of legislation, winning a 30-19 vote in the House Financial Services Committee.
It still has a long way to go, but the fact that Frank was capable of reworking the bill to get it passed indicates a several things: That Rep. Frank is dedicated to solving the entire UIGEA chaos and that other members of Congress might be gradually realizing what a catastrophic bill actually UIGEA is for America's monetary services division as well, which barely needs more trouble imposed upon it right now).
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