Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, October 22, 2009

House Financial Services Votes for Consumer Financial Protection Agency

The House Financial Services Committee voted (39-29) to create a Consumer Financial Protection Agency, a new, independent federal agency solely devoted to protecting Americans from unfair and abusive financial products and services. This is a central part of the Obama Administration's Financial Regulatory Reform and has met with fierce resistance by both business interests and banking regulators.

http://lawprofessors.typepad.com/securities/2009/10/house-financial-services-votes-for-consumer-financial-protection-agency.html

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