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News tagged with 'Consumer Financial Protection Agency'

New Agency - One Mission- To Protect Consumers
Posted by Jane Akre
June 30, 2009 10:51 PM

 The banking the business community are expected to pounce on the new Obama plan to create an agency overseeing financial products such as credit cards and mortgages. More information would have to be disclosed to consumers and interest rates could be capped, hurting the banks' bottom line. No more government is needed say critics.

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