March 12 - Public Citizen and Broad Array of National, State Groups Support Financial Product Safety Commission Bill

March 12 - Public Citizen and Broad Array of National, State Groups Support Financial Product Safety Commission Bill

More than fifty diverse organizations supported legislation introduced today by key Members of Congress to create a new federal agency to ensure the safety, fairness and sustainability of credit and payment products.   The legislation would create a new Financial Products Safety Commission to ensure that credit and payment products do not have predatory or deceptive features that can harm consumers or lock them into unaffordable loans.

READ the press release.
READ the group letter.
READ the bill summary.
READ the full bill, or READ the bill section by section.
READ Senator Durbin's talking points.

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