http://onpoint.wbur.org/2013/02/18/cfpb
The mortgage meltdown had few happy endings. But to many there seemed to be one silver lining. A new agency created to look out for us. To make sure next time we wouldn’t be thrown under the bus.
But from the start, the Consumer Financial Protection Bureau had fierce pushback. Especially from banks worried about heavy handed regulations.
Now the attacks, and counterattacks, are heating up. In the Senate. In court. From consumer advocates. From defenders of free markets. And each side is digging in.
This hour, On Point: the heated battle over the future of the Consumer Finance Protection Bureau.
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