Treasury bill tees up debate on consumer agency (Dealscape

The Obama administration proposed legislation Tuesday to create a new federal agency charged with protecting consumers in their borrowing and other financial dealings.

As part of his sweeping overhaul of financial services regulation, President Obama on June 17 outlined plans for the Consumer Financial Protection Agency, a new agency that would assume much of the consumer protection duties currently assigned to federal banking regulators, the Federal Trade Commission and other government agencies.

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NOT A SUBSCRIBER? Treasury bill tees up debate on consumer agency Posted on June 30, 2009 5:34 PM The Obama administration proposed legislation Tuesday to create a new federal agency charged with protecting consumers in their borrowing and other financial dealings. As part of his sweeping overhaul of financial services regulation, President Obama on June 17 outlined plans for the Consumer Financial Protection Agency, a new agency that would assume much of the consumer protection duties currently assigned to federal banking regulators, the Federal Trade Commission and other government agencies. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 190 in-depth reports of M&A deals in Regulation 106 in-depth reports of PE deals in the Financial Services sector from 2009 103 articles related to House Financial Services Committee Chairman Barney Frank 21 articles related to Elizabeth Warren 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Skadden Arps Pinnacle Foods Concho Resources Agrium Inc. Birds Eye Cantor Fitzgerald Credit Suisse Windstream Corp. Goldman Sachs		EXISTING USERS Username Password Forget your password? Missing a product?

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