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Home Cultural Issues School Issues Education Fed’s Consumer Protection Agency: A Bad Financial Reform Plan
Education

Fed’s Consumer Protection Agency: A Bad Financial Reform Plan

March 18, 2010
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Protecting consumers is important, but setting up a new regulation body Consumer Protection Agency under the Federal Reserve is a bad idea, as explained by Heritage Foundation expert David John.

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Tags consumer protectionConsumer Protection Agencyconsumer ripoffsconsumer scamscredit carddavid johnFedFederal Reservefinance crisisfinancial crisisfinancial reformfinancial regulationheritage foundation
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5 Comments

  1. @orangedac says:
    September 25, 2010 at 4:52 pm

    the only thing crazier than a private banking cartel like the federal reserve ripping off people with valueless paper money & money printing is having them control a consumer protection agency.

    It gives the false impression that their purpose is to protect the people of society. Their real purpose is to rob the people of society while pulling wool over everyone's eyes.

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  2. @treid100182 says:
    March 26, 2010 at 6:04 pm

    Getting FACTS from the Heritage Foundation…

    … is like taking dietary advice from Ronald McDonald.

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  3. @treid100182 says:
    March 23, 2010 at 6:29 pm

    ughhhh

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  4. @mcap52 says:
    March 19, 2010 at 7:16 pm

    It's sad that people cannot regulate themselves.I guess the dollar is pretty powerful.

    Log in to Reply
  5. @capitalist4life says:
    March 18, 2010 at 4:03 pm

    0:52 Why not eliminate the existing financial regulators?

    Log in to Reply

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