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No running amok

October 15, 2010 | Financial Reform Bill - CFPB, federal legislation | Comments (0)

House Financial Services Committee Chairman Barney Franks says so.  From the story:

“I can’t see many examples of there being an excess of consumer protection,” the Newton Democrat said yesterday following a speech to kick off Suffolk University’s Moakley Breakfast Series at the federal courthouse.

“There are very strict rules about what she can and can’t do,” he said, “but the notion that we will overprotect consumers is a strange one.”

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