A Look at the Proposed Consumer Financial Protection Agency
In an article titled "Banks Brace for Fight Over an Agency Meant to Bolster Consumer Protection", Andrew Martin and Louise Story write for the New York Times about concern among bankers about the Obama administration's regulatory changes that were proposed yesterday. The authors write: "Banks “are really dumbfounded by the scope of this agency,” Edward L. Yingling, the president of the American Bankers Association, said."
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