New Consumer Agency Would Protect Families, Small Businesses, Taxpayers and the Economy
Statement from Michael D. Calhoun President, Center for Responsible Lending Washington, D.C.—"Today, House and Senate conferees reached a historic agreement to create a consumer protection agency that is truly independent from the lenders it will oversee: It will have a single director nominated by the president and confirmed by the Senate; funding that is largely insulated from meddling by industry...