Category Archives: In the News
Washington Post: Obama would create consumer protection agency
By JIM KUHNHENN The Associated Press Friday, October 9, 2009 6:50 PM click here for link WASHINGTON — President Barack Obama fought to keep his proposed banking overhaul on track Friday, casting the political struggle ahead as one between big financial interests and average Americans
USA Today: Our view on consumer protection: How the banking lobby tries to undermine loan reform
On October 7, USA Today ran this excellent opinion piece. Here’s an excerpt: New financial watchdog could curb abusive practices, limit fine print. In Washington, it’s always easier to kill a new idea than to promote one. And that’s what the banking industry is counting
Washington Post: Battle Waged Over Consumer Agency
click here for link Thursday, October 1, 2009 For more than three hours Wednesday, supporters and opponents of a new federal agency that would oversee mortgages, credit cards and other consumer financial products dug deeper into their trenches in Room 2128 of the Rayburn House