Senate Panel Mulls Consumer Protection Deal
The Senate might break its impasse on financial overhaul if it moves forward with a proposal that would put a consumer financial protection watchdog inside the Federal Reserve. "It's time for Senator Dodd to stop negotiating with Senators who have
dug into battle trenches with the big banks in their attempt to block
any meaningful consumer protections, and move a bill that will give the
rest of the Senate a chance to vote for Main Street and support real
reform," said Carmen Balber, Washington director for Consumer Watchdog,
an advocacy group.
