Elizabeth Warren, the Chairwoman of the Congressional Oversight Panel that monitors how the government spends its TARP (Troubled Asset Relief Program) money, has spent her career advocating for the American consumer. She supports the administration's proposed consumer financial protection agency, saying that consumers need clearer descriptions of their credit cards' rules and of financial products that they might invest in. The Takeaway talks with Elizabeth Warren about her hopes for the new consumer protection agency.
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Comments [1]
I can't believe the unmitigated Gaul which Elizabeth Warren with respect to Congress's authority and questioning. Gov't interference has plummeted values and cost consumer seven trillion in equity. Now they seek to regulate every area in our lives with no accountability and one person reporting to Bernanke or the President and the web of Dodd and Frank. Why weren't the regulators punished for their wrongdoing and failures?. Why do they still run Washington? Over regulation in this manner borders more than Socialism. It destroys the small businessman and hurts America-
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