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Statement from Americans for Financial Reform on the President’s plan to create a Consumer Financial Protection Agency

www.ourfinancialsecurity.org FOR IMMEDIATE RELEASE Contact:            Lisa Donner, 202-588-7772 June 29, 2009 Statement from Americans for Financial Reform on the President’s plan to create a Consumer Financial Protection Agency “The Financial system has failed the American public. More than $13 trillion of household wealth has been

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Washington Post: The Case for a Consumer Protection Agency

This guest post is from Ellen Harnick from the Center for Responsible Lending. Over the past decade, federal bank regulators looked the other way as responsible loans were crowded out of the market by aggressively marketed financial products carrying hidden costs and fees. Tricky products,