President’s State of the Union address
January 28, 2010 | federal legislation, industry | Comments (0)Did NOT specifically mention the Consumer Financial Protection Agency. Here’s what he did say:
We need to make sure consumers and middle-class families have the information they need to make financial decisions. We can’t allow financial institutions, including those that take your deposits, to take risks that threaten the whole economy.
The House has already passed financial reform with many of these changes. And the lobbyists are already trying to kill it. Well, we cannot let them win this fight. And if the bill that ends up on my desk does not meet the test of real reform, I will send it back.
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