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Collins, Ayotte stand in way of new consumer protection bureau

KUDOS TO Senator Elizabeth Warren for coming out swinging against the big banks at her first Senate Banking Committee hearing, urging regulators to finally hold the banks accountable (“Warren rips deals with big banks,” Page A1, Feb 15).

As the story also notes, Warren is also leading the fight to defend the Consumer Financial Protection Bureau and to have the Senate confirm its director Richard Cordray, a 2012 recess appointee by the president, to a full term.

Comments

why are all the banks instituting new fees?

The idea that ANY elected official would be trying to work against an entity designed to PROTECT consumers' interests is outrageous.

Ayotte hasn't represented New Hampshire residents since she left the AGs office.  Loved then, despised now.