Thursday, June 16, 2011

House Republican Appropriations Bill Guts Two Consumer Watchdogs

House Republican Appropriations Bill Guts Two Consumer Watchdogs: "pSince the passage of the Dodd-Frank financial reform law, Republicans have been threatening to use the appropriations process to undermine the new reforms, particularly the Consumer Financial Protection Bureau. True to their word, the GOP’s 2012 financial services appropriations bill would deal the CFPB a couple of crucial blows if it were ever to become [...]/p"