For those of you looking for extra credits to reach Fully Certified Consumerist (FCC) status, read these two articles, both available online.

Why The GOP wants to weaken the Consumer Financial Protection Bureau by David Lazarus, Los Angles Times, 20 May 2011. One excerpt:

“It’s not surprising that Republican lawmakers are doing their darnedest to shield banks from additional scrutiny. In the 2010 campaign cycle, individuals and political action committees associated with banks gave nearly $19 million to federal candidates, committees and parties, according to the Center for Responsive Politics.”

Elizabeth Warren Called Liar At CFPB Hearing By Republicans Who Botched Facts On Agency, Huffington Post, May 24, 2011 No excerpts—it is too good to excerpt.

Note: Thanks to National Association of Consumer Advocates website for cvalling attention



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