UPDATE 1-U.S. House panel approves credit report bill

Newswire

(Updates with approval) WASHINGTON, July 24 (Reuters) - A U.S. House of Representatives panel overwhelmingly approved legislation on Thursday that would give consumers easier access to credit reports in exchange for barring stronger state credit laws. "I believe we will go out with a certain amount of self-congratulation because I think we will have a product that preserves the essence of the way the system contributes to our economy while making some consumer improvements," said ...

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