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Archive Home > 2009 > September > 29 > Consumer agency draws banks’ ire

Consumer agency draws banks’ ire

The proposed agency, which would regulate financial products from credit cards to mortgages, faces a long line of opposition

By Kevin G. Hall / The Bulletin
September 29, 2009

WASHINGTON — If you doubt that U.S. banks long to return to the days of impotent regulation, you need only look at one of the financial sector’s top legislative priorities: killing a proposed new agency that would be dedicated solely to protecting consumers’ financial interests.

The Obama....

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