Geithner and Bernake disagree on the need to creat a Consumer Finance Protection Agency.  From the story: 

The White House wants to create a new Consumer Financial Protection Agency to oversee a vast range of financial products, stripping the Federal Reserve and other banking regulators of their current authority for policing them.

“I think it’s very hard to look at that system and say that it did anything close to an adequate job of what it was designed to do,” Geithner told the House Financial Services Committee. He cited the collapse of the housing and credit markets because of high-risk subprime mortgages made to borrowers who didn’t understand and couldn’t afford them.

Bernanke, appearing before the same committee after Geithner, argued that the Fed should retain its consumer protection powers regarding consumer products.

“Without extensively entering the debate,” Bernanke said, Congress should be aware of “some of the benefits that would be lost through this change,” including the Fed’s consolidated resources for also ensuring the safety and soundness of banks.