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Pressure on Pelosi

June 3, 2010 | federal legislation, industry | Comments (0)

From The Hill

A group of House Democrats wrote their top two leaders Wednesday to insist they keep intact a strong consumer financial protection agency in Wall Street reform legislation.

Four House Democrats, including a key chairman, warned House Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny Hoyer (D-Md.) against weakening a proposed Consumer Financial Protection Agency (CFPA) or housing it within the Federal Reserve, as is called for in the Senate-passed bill.

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