Obama says he’ll get prime initiatives into law (AP via Yahoo! Finance) Obama: New agency will make financial products understandable (Chicago Tribune)
Obama admin. sets wide scope for consumer agency (Reuters via Yahoo! News)
On June 30, 2009,
in Barack Obama,
by Federal Voting
A new U.S. agency would have sweeping powers to write and enforce tough consumer protection rules for banks, mortgage lenders and other financial institutions under proposed legislation the Obama administration sent to Congress on Tuesday.
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