Consumer Advocates Want Obama to Name Watchdog Agency Chief
By Ben Protess/NY Times Dealbook
January 21, 2011
Six months after Congress created the Consumer Financial Protection Bureau, top consumer advocates praised the “significant progress” made by the watchdog bureau, while calling on President Obama to appoint a director of the agency. Americans for Financial Reform, a collection of consumer advocates, also warned in a report on Friday of “major challenges” facing the agency, including attacks from Congressional Republicans and Wall Street.