Sunday, June 21, 2009

Presidential Address On Consumer Financial Protection Agency

Here's a link to the President's address on the Consumer Financial Protection Agency.


An excerpt:

"I welcome a debate about how we can make sure our regulations work for businesses and consumers. But what I will not accept – what I will vigorously oppose – are those who do not argue in good faith. Those who would defend the status quo at any cost. Those who put their narrow interests ahead of the interests of ordinary Americans. We’ve already begun to see special interests mobilizing against change. "

Who are the special interests that he refers to? U.S. PIRG's Consumer Blog names some names.

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