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Wednesday, May 04, 2011

Washington Already Considering Ways To Ruin Consumer Financial Protection Bureau

The still nascent Consumer Financial Protection Bureau is already on its way to becoming the latest victim in Washington's efforts to make sure American consumers have their voice taken away. Tomorrow, the House Subcommittee on Financial Institutions and Consumer Credit is scheduled to consider a number of bills that, if passed, would undermine the CFPB's ability to protect consumers.

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3 comments:

Drew said...

That would be the republican majority looking after their crooked friends.

Anonymous said...

Drew you are an idiot. Did you forget that the financial industry gave money to Obama at better than a 2 to 1 rate over McCain. You libs seemingly to forget stuff like that and continue with your talking points.

You libs also seem to forget that the more regulations you put on businesses the more money it cost them and in the end that is passed on to consumers.

Drew said...

When people look at what these financial institutions have gotten away with people say "Isn't there a law against that?"
No there is not and there should be but republicans keep pushing the myth of regulations are bad.