You can’t really blame the U.S. Chamber of Commerce, for instance, for opposing the bill, chivalrous at heart as its members may be. For in addition to the possibility of added costs, there’s this problem: It’s a rare woman, we gather, who doesn’t think she is discriminated against on payday.
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From the Wall Street Journal editorial “Ladies Day in the Senate".
…we object to the bill on the ground that there is no limitation of interest to be charged to home owners by agencies that enjoy the benefit of the act at the expense of all taxpayers, including the victimized home owners.
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Miss Marie L. Obenauer, Joint Chairman, Board of Governors of Home Owners’ Protective Enterprise, Testimony. Committee on Banking and Currency. Senate.
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