Barney Frank Backs Consumer Protection Agency
Author: The Huffington Post News Editors
WASHINGTON — The chairman of the House Financial Services Committee is throwing his weight behind President Barack Obama’s plan to create a government agency to protect consumers from risky mortgages and credit cards, although some of his colleagues are skeptical of the details. Rep. Barney Frank, D-Mass., said in a brief interview Wednesday that he plans to introduce legislation that would establish a “Consumer Financial Protection Agency.” Frank said his proposal would mostly track with Obama’s plan but make some small changes.
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Barney Frank Backs Consumer Protection Agency
Tags: community, democratic, eliot-spitzer, financial, house, internet, life, news, president, TED
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