CFPA

Could Financial Protection Bill Be a Secret Weapon for Democrats in 2010?

Can one mild-mannered Harvard law professor help the Democrats avoid an electoral calamity this November? It's possible. The person I have in mind is Elizabeth Warren. She chairs the Congressional Oversight Panel, which monitors the TARP bailout. But perhaps more important is her unofficial title: mother of the proposed Consumer Financial Protection Agency. Several years ago -- before the 2008 crash -- she cooked up the idea of a federal agency that would set and enforce rules to protect consumers from the unscrupulous practices of banks, credit card companies, mortgage lenders and other ...

 146 

Comments

SHARE