Senator Brown’s remarks are below:
 
Mr. BROWN of Ohio: Madam President, as we debate the best way to get our fiscal house in order, we must avoid, first of all, defaulting on our obligations while also …

AFR sent a letter to members of Congress yesterday regarding a piece of legislation that would threaten the ability of the CFPB to sufficiently protect consumers. If enacted, this bill would virtually guarantee that the CFPB would be a weak and timid agency without the will or ability to curb the kind of financial abuses that caused the nation’s worst financial crisis since the Great Depression.

Read U.S. PIRG and AFR’s issue brief outlining the 10 reasons we need the Consumer Financial Protection Bureau here.

Read today’s article from The Huffington Post about Wall Street opposition to financial reform here.

Read our letter opposing language in the FY2011 Appropriations Bill that would weaken the Consumer Financial Protection Bureau here.

Read our letter opposing provisions within the FY 2012 Appropriations bill that would weaken the CFPB, hurt consumers, and the economy here.