Categorized | federal legislation

State AGs want a new agency to regulate financial services currently regulated by their state?

I’m confused.Reuters reports,  “A group of 24 state attorneys general is urging Congress to move quickly on legislation that would create a controversial new federal agency to police financial products, according to a letter released on Tuesday.”

Hmmm…The Consumer Financial Protection Agency would step on the toes of states when it comes to regulating financial services.

Share:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • StumbleUpon
  • NewsVine
  • Reddit
  • RSS
  • Tumblr

Leave a Reply

Advert

TOPIC DU JOUR

PREVOUS POSTS

GET THE PUNDIT VIA E-MAIL

Where the latest payday lending headlines meet snarky retorts. Make sure you don't skip a beat:

Delivered directly to you by FeedBurner

THE DEMAND FOR SHORT-TERM CREDIT