Posts Tagged ‘independent’

CFPB and Warren Want Agency Independent of Congress

February 7, 2013 Leave a comment


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The fledging U.S. Consumer Financial Protection Bureau and Director Elizabeth Warren continues to be opposed by Republicans as it is independent of Congressional appropriation and reach and its legality is currently questionable based on similiar case rulings.

“A strong independent consumer agency is good for families and lenders that follow the rules and good for the economy as a whole,” Warren said yesterday in an interview. “I will keep fighting for that.”  Read more for details.