Consumer Finance

Obama Administration Introduces Legislation (HR 3126) to Create Consumer Financial Protection Agency

July 9, 2009

On June 30, the Obama administration delivered legislation to the Hill in support of creating a Consumer Financial Protection Agency. The text of the legislation can be found here, and the FTC’s prepared statement to the House Financial Services Committee can be found here. The House Financial Services Committee Press Release can be found here. The Senate Committee on Banking, Housing & Urban Affairs holds hearing on the Administration’s proposal on July 14, 2009, with the press release and associated links here.

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Consumer Finance

Obama Administration Introduces Legislation (HR 3126) to Create Consumer Financial Protection Agency

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