Backer of CRA Myth Appointed to Investigate the Mortgage Crisis

On Monday, Peter Wallison of the American Enterprise Institute slams the proposal for a Financial Products Safety Commission, using a Washington Post op-ed to call it elitist and contend it would limit financial choices to sophisticated consumers.

Are consumers “protected” when they are denied the opportunity to buy products

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Questions to Ask as Obama Unveils Financial Regulatory Overhaul Plan

Here’s something to keep in mind as President Obama unveils his financial regulatory overhaul plan today. Baseline Scenario helpfully offers a list of questions that the administration will either address or avoid as it rolls out its proposals. How Obama frames the debate will play a big part in More…