Reason #39: Obama Established the Consumer Financial Protection Bureau

50 Days, 50 Reasons to Vote Obama — Reason #39

While the Congressional Republicans have done their best to render the President's new Consumer Financial Protection Bureau impotent, its founding lays the groudnwork for an important new set of protections for consumers against the unchecked greed of financial institutions. We can only hope that the silver lining in Elizabeth Warren's blocked appointment as the CFPB's head is her taking back Teddy Kennedy's Senate seat for Massachusetts.

http://www.consumerfinance.gov/