Maryland Legislature Considers 'Move Your Money' Approach To State Business

Maryland Legislature Considers Move Your Money Approach To State Business

The Maryland General Assembly is considering legislation that would essentially give state-chartered banks an edge when bidding to serve state agencies or local governments.

Del. Bill Frick, a Montgomery County Democrat who sponsored the legislation, says he's been frustrated watching giant out-of-state banks gouge Marylanders with high fees and rate increases.

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