BANKTHINK

Banking Conspicuously Absent from State of the Union Address

Receiving Wide Coverage ... State of the Union Address: Obama urged passage of a mortgage refinancing bill, but otherwise made no mention of banking or financial services, to the relief of some industry executives. In the Republican rebuttal, Marco Rubio alluded to the role of "reckless government policies" in the housing crisis and called for improved disclosures to student loan borrowers. Incidentally, why all the fuss about taking a swig of water? He was giving a…

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