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Update

Posted by CM on September 2, 2009


In a past post, I indicated that Sheila Bair, the FDIC Chair, is against the Consumer Financial Protection Agency(1).  In today’s New York Times, Ms. Bair writes in her Op-Ed that she “supports a consumer financial protection agency(2).” 

Sources:
1. “FDIC Chief says parts of regulatory plan won’t fly.” By Daniel Wagner, AP Business Writer.  8/14/09. URL: http://hosted.ap.org/dynamic/stories/U/US_FINANCIAL_OVERHAUL?SITE=SCAND&SECTION=HOME&TEMPLATE=DEFAULT

2. The Case Against a Super-Regulator. By Sheila Bair. The New York Times. 9/1/09.
     URL: http://www.nytimes.com/2009/09/01/opinion/01bair.html

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