No More Tax Payer Bailouts: WHAT WALL STREET REFORM IS DOING FOR YOU

This morning, a group of public servants showed up to work at a brand-new agency created to protect everyday Americans from the abuses of Wall Street.

They’re the folks of the Consumer Financial Protection Bureau, and they’ll be the cops on the beat protecting consumers from predatory credit card and mortgage lenders, bait-and-switch creditors, and anyone trying to make a quick buck by deceiving or manipulating Americans who are just trying to secure their financial future.

Many Americans don’t know it, but this bureau is just one part of a sweeping Wall Street reform law — the most pro-consumer and pro-taxpayer reform of our financial system since the Great Depression — that President Obama signed a year ago today.

Watch this video to get a quick overview of the law, and a briefing on the special interests trying to undermine it:

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Filed under consumer protection, financial reform, Great Depression, President Obama, tax payer bailouts, Wall Street

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