Volume 27 - Number 9
March 4, 2010
Dodd-Corker Proposal to Entrust Fed with Consumer Protection Draws Mixed Reviews, Revives Ill Feelings
A plan proposed by Sen. Chris Dodd, D-CT, this week to house consumer protection in the Federal Reserve rather than in the Department of the Treasury as he initially planned is getting mixed reviews and reviving lawmakers’ animosity toward the agency. Democrats and consumer groups are opposed to the idea of entrusting consumer protection to an agency that has been vilified by some for failing...
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