Wednesday, January 20, 2010

Obama Pressing for Protections Against Lenders

What we need is a consumer bill of rights; with an agency that enforces the law.

in reference to:

"President Obama on Tuesday stepped into the middle of a fierce lobbying battle by reinforcing his support for an independent agency to protect consumers against lending abuses that contributed to the financial crisis. The president’s move also signaled a tougher line and a more direct role as Congress weighs an overhaul of banking regulation."
- Obama Wades Deeper Into Banking Debate - NYTimes.com (view on Google Sidewiki)

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