Rep. Doggett on Protecting Consumers

On the floor of the House of Representatives, I expressed my strong support for the Consumer Financial Protection Agency, as envisioned by former U.T. Law Professor Elizabeth Warren. Today, we have the opportunity to create a new squad of financial cops who will work to protect those living on Main Street from the greed weve seen from Wall Street. Congress finally has the chance to stand up not for the banks they said were too big to fail, but for Americas working families, who are far too important to fail, and that is exactly what I urged my colleagues to do.

Category:

News & Politics

Tags:

• 2009
• 12
• 10
• ConsumerFinancialProtectionAgency

[morganbesh]

@chgoyette you still have to admit that if you let the financial institutions do what they want, we might have another crisis down the road and more families will go into bankruptcy. We have to have some way of regulating big banks and corporate CEO's whose only priorities are to increase corporate coffers at the expense of american taxpayers.

[chgoyette]

Sounds like more bureaucracy to me, Mr. Doggett. From my vantage point, you talk out of both sides of your month... the consummate politician... spend, spend, spend!

You even speak of the healthcare bills before Congress as reducing costs to the American public. What public is that, Mr. Doggett?

Congress no longer represents the People, most congressional members are lowly whores to corporate special interests.

Disgusting and shameful behavior.

[Abigsky]

Go Lloyd, Go!

I agree that the banks got off way to lite for their rip-offs.

Thanks for enacting legislation to address this!