On July 21, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank),' which among other things calls for creation of the Consumer Financial Protection Bureau (CFPB) to serve as a centralized agency charged with protecting consumers from lending abuses and improper practices. The question is when and whether this agency will come to fruition-or suffer as a casualty of political warfare.
Amy J. Schmitz,
Consumer Casualties, 1 Consumer Casualties 47
Available at: https://scholarship.law.missouri.edu/facpubs/798