rssHouse Panel Approves Creation of Consumer Financial Protection Agency
Thursday, October 22, 2009 at 12:15 pm
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The House Financial Services Committee this morning passed legislation to create a new agency designed to protect consumers from tricks and traps in the banking and mortgage industries. Supporters say the agency is vital to prevent a finance collapse like the one that devastated the global economy in the past two years.
The partisan vote — 39 to 29 — comes a week after the same panel passed a bill to rein in the enigmatic derivatives market.
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Pingback posted October 22, 2009 @ 12:45 pm
[...] This post was mentioned on Twitter by pacaschera, WashIndependent. WashIndependent said: House Panel Approves Creation of Consumer Financial Protection Agency http://bit.ly/2JtRdV [...]
Pingback posted October 22, 2009 @ 1:38 pm
[...] News Sources wrote an interesting post today onHere’s a quick excerptThe House Financial Services Committee this morning passed legislation to create a new agency designed to protect consumers from tricks and traps in the banking and mortgage industries. Supporters say the agency is vital to prevent a finance collapse like the one that devastated the global economy in the past two years. The partisan vote — 39 to 29 — comes a week after the same panel passed a bill to rein in the enigmatic derivatives market. [...]
Pingback posted October 22, 2009 @ 4:19 pm
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Trackback posted October 22, 2009 @ 9:00 pm
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This post was mentioned on Twitter by TWI_news: House Panel Approves Creation of Consumer Financial Protection Agency http://bit.ly/2JtRdV...
Pingback posted October 22, 2009 @ 9:18 pm
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Pingback posted October 23, 2009 @ 10:06 am
[...] Washington Independent: House Panel Approves Creation of Consumer Financial Protection Agency. It’s about freaking time … those banking “standards” have made a lot of thieves rich, and [...]
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