Bill Omits Free Rent Benefit for Banks, Includes Anti-Money Laundering Measure

House and Senate conferees on the defense authorization bill have decided not to give banks the free rent benefits that credit unions have on military installations. The conferees have included the money laundering provisions that credit union trade groups wanted in the bill. But it’s still not clear if the bill will become law because President Trump has indicated he may veto it.

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Bill Omits Free Rent Benefit for Banks, Includes Anti-Money Laundering Measure

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