BCFP (nee CFPA) – arguments against

Well, speaking at the American Bankers Association may fall down the list of good ideas for opponents of the Bureau of Consumer Financial Protection – I know you must remember your audience, but when it’s picked up by others, the arguments can fall flat. See a rebuttal at Credit Slips to Sen. Shelby’s argument that ‘safety and soundness’ trumps consumer protections.

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