(Bloomberg) -- Sen. Elizabeth Warren, the Massachusetts Democrat credited with conceiving the Consumer Financial Protection Bureau, said confirmation of a director for the agency is both a major step and a call to vigilance.
This is a monumentally important week for the CFPB, Warren said in remarks prepared for an event marking the second anniversary of the agency created by the Dodd-Frank Act. But theres still a lot of work to be done, and so long as the CFPB sides with American families over large financial institutions, there will be forces looking to undo its work.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access