Commentary: Consumer bureau has tough challenges ahead

08/31/2010 | Wall Street Journal, The

Columnist Karen Blumenthal explains how the new Consumer Financial Protection Bureau will need to strike a balance between doing too little and doing too much. The new agency has broad powers and a wide-ranging mandate to oversee credit cards, student loans, checking accounts and mortgages. The bureau faces a number of challenges, including the need to get off to a quick start, Blumenthal writes.

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