Border Biz vs. Big Banks

On Feb. 10, Sens. John McCain and Jeff Flake, both Arizona Republicans, called for a hearing before the Senate Committee on Banking, Housing and Urban Affairs to examine the banks' pullout from states bordering Mexico. More locally, a Nogales delegation spoke at the Arizona Senate's Financial Institutions Committee on Feb. 4. The senators' request came after several large banks reduced or eliminated their branches in Nogales and elsewhere along the border in recent years.

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