Blog - Articles Tagged 'Elizabeth Warren'

It was a short first work week back for Congress, and next week will be short too. The House comes back into session Wednesday and the Senate comes back on Monday, but won't be voting on anything until Tuesday. Here's your weekend roundup of links on Congress -- what's driving the debates and shaping the political landscape. Have a good one!

A central part of the new financial regulation reform law is the creation of the new Consumer Financial Protection Bureau (CFPB), which seeks to make sure that consumers are protected against the predatory behavior of banks and credit card companies. Who runs this agency will be a big factor on how strict or how lenient the CFPB’s policies and practices will be.

Republicans and a handful of pro-business Democrats are standing in opposition to an independent consumer financial watchdog agency – a central pillar of President Obama's financial regulation agenda

On Wednesday, the House Financial Services Committee will begin its mark-up of the Consumer Financial Protection Agency Act of 2009. This is the first bill Congress will take up to fulfill President Obama's effort to re-regulate the financial markets. Click through to read the details of the CFPA legislation.