Slogging Out the Details of A Consumer Protection Agency

Dealbook Column

So Where’s Consumer Protection?

By ANDREW ROSS SORKIN

Published: March 8, 2010

 So the questions are these: Should a consumer protection agency have true independence — in effect, its own street address — as many Democrats believe it should, so that it has real power to act on its own? Or should it be given the equivalent of a room in the basement of the Fed, next to the janitor’s closet — as the bankers themselves and many Republicans would prefer?

http://www.nytimes.com/2010/03/09/business/09sorkin.html?ref=business