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In reply to the discussion: Elizabeth Warren got millions from banks, too. [View all]ProSense
(116,464 posts)42. The First Year of the Consumer Financial Protection Bureau: An Overview
The First Year of the Consumer Financial Protection Bureau: An Overview
The longest lasting legacy of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act)1 may be the creation of the Bureau of Consumer Financial Protection (CFPB). First proposed in 2007 by Professor Elizabeth Warren,2 the agency materialized remarkably quickly, being enacted into law in 2010.3 Although it came together quickly, the CFPB was built to last. The Dodd-Frank Act provides it with broad authority, secure funding, and a powerful, independent director.4
The longest lasting legacy of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act)1 may be the creation of the Bureau of Consumer Financial Protection (CFPB). First proposed in 2007 by Professor Elizabeth Warren,2 the agency materialized remarkably quickly, being enacted into law in 2010.3 Although it came together quickly, the CFPB was built to last. The Dodd-Frank Act provides it with broad authority, secure funding, and a powerful, independent director.4
That's from the source at your link. Again, this agency is the in place because of the President's Wall Street reform.
There is no question that Dodd-Frank was a strong billthe strongest in three generations. I didnt have a chance to vote for it because I wasnt yet in the Senate, but if I could have, I would have voted for it twice.
http://www.warren.senate.gov/files/documents/AFR%20Roosevelt%20Institute%20Speech%202013-11-12.pdf
http://www.warren.senate.gov/files/documents/AFR%20Roosevelt%20Institute%20Speech%202013-11-12.pdf
One of my favorite clips
Elizabeth Warren: Cordray Vote A Historic Day For Working Families
Sen. Elizabeth Warren (D-MA) took to Twitter on Tuesday in praise of the Senate's vote to advance Richard Cordray's nomination to the Consumer Financial Protection Bureau, calling it a "historic day for working families."
http://livewire.talkingpointsmemo.com/entry/elizabeth-warren-cordray-vote-historic-day-for-working
Sen. Elizabeth Warren (D-MA) took to Twitter on Tuesday in praise of the Senate's vote to advance Richard Cordray's nomination to the Consumer Financial Protection Bureau, calling it a "historic day for working families."
Elizabeth Warren ✔ @elizabethforma
I couldn't be more pleased that Rich Cordray will finally get the vote that he deserves. This is a historic day for working families!
1:11 PM - 16 Jul 2013
47 Retweets 26 favorites
http://livewire.talkingpointsmemo.com/entry/elizabeth-warren-cordray-vote-historic-day-for-working
Thank you Senator Warren.
Obama's CFPB under Richard Cordray "took $800 million from Bank of America"
More:
CFPB Sues ITT Tech For Allegedly Exploiting Students, Pushing Predatory Loans
http://www.democraticunderground.com/10024570346
Sen. Warren Praises New CFPB Mortgage Rules that Make Families, Economy Safer
http://www.democraticunderground.com/10024295777
Banks Ordered to Add Capital to Limit Risks
http://www.democraticunderground.com/10024798328
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Just let Manny dream... Because giving credit to the President is his worst nightmare.
tridim
Apr 2014
#17
Yes and all the while Goldman-Sachs is giving Ms. Clinton $400,000 for having tea and crumpets
rhett o rick
Apr 2014
#3
FDR's opponent's called him a communist, but in reality he saved the American free enterprise system
StevieM
Apr 2014
#13
What a hypocritical harpie! Damn her for being good to the ones the banks fucked over
Nanjing to Seoul
Apr 2014
#14
Saw an Elizabeth Warren for President 2016 bumper sticker today in Los Angeles.
cui bono
Apr 2014
#15
Democratic leadership refuses to prosecute powerful people. Just think if Govt. worked as hard
pragmatic_dem
Apr 2014
#46