Reform Deja Vu
Democrats Follow Failed Health Care Strategy and Preemptively Surrender on Consumer Financial Protection Agency
The latest cave in compromise proposal being floated by Senate Banking chairman Chris Dodd now has the agency being housed within the Federal Reserve. An earlier "compromise" would have placed it in the Treasury Department. The end result is the same: a toothless regulator lacking the authority to enforce the consumer protection rules it writes. Full Story »
Posted by Dwight Rousu - via OneRiot, Arianna Huffington, Huffington Post (Featured)
