Consumer Financial Protection Agency or Sense on Cents

A large initiative embedded in President Obama’s financial reforms is the launching of the Consumer Financial Protection Agency . Why does President Obama feel it is necessary to launch such an agency? For the very same reason I was compelled to launch Sense on Cents earlier this year. The Wall Street Journal provides insights on this agency in writing, A New Consumer Agency With Enforcement Teeth : President Barack Obama’s proposed regulatory revamp includes sweeping changes to hel