U.S. Rep. Judy Biggert Introduces Substitute Amendment during Committee Mark-Up of CFPA Bill

In the House Financial Services Committee, Rep. Biggert explains her alternative proposal for better protecting consumers against unfair and deceptive practices in the financial marketplace. Offered as a substitute for a bill that would create a costly new agency, Biggerts amendment would empower consumers with stronger, smarter financial regulation -- without levying new fees on customers and businesses, limiting consumer choices, or imposing confusing and conflicting regulatory mandates that could jeopardize the safety and soundness of financial institutions.

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• Judy Biggert
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• Financial Services
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• Illinois
• financial regulation