
Draft Financial Reform Bill Proposed
Sen. Christopher Dodd (D-CT) released a draft of a comprehensive financial reform bill on Nov. 10.
Ed Mierzwinski, NJPIRG's Consumer Program Director, said the bill is "a major step" and includes a strong Consumer Financial Protection Agency.
However, Mierzwinski warned, “despite the collapse of our economy due to a financial regulatory system that failed,” the bill still faces "a gauntlet of special-interest lobbyists looking for exceptions and loopholes.”



