Fed Should Hold Hearing on Goldman-GE Banking Deal, NCRC Says

  • Organization wants more info on Goldman Sachs's CRA program
  • NCRC has opposed other bank deals that required hearings

The Federal Reserve should hold hearings on Goldman Sachs Group Inc.’s planned purchase of an online banking unit from General Electric Co. because of concern a deal won’t create a public benefit, the National Community Reinvestment Coalition told the central bank. 

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