Rep. Stephen Ross, Wells Fargo’s pointman who just made it illegal for landlords to use credit unions. But at least he is a romantic.
By John Sanford Friedrich
Representative Stephen Ross (R-63 Alamance) used his experience as a Vice President at Wells Fargo to inform his policy in the N.C. statehouse, taking aim at removing credit unions from serving the landlord business.
HB511 became law on June 16 of this year with little fanfare. Indeed the two page bill put forward by Ross does little to deserve attention – it simply makes a repeated change in the wording of tenancy statutes.