Congressional Republicans turn focus to consumer agency

11/23/2010 | Wall Street Journal, The

Republicans in the House are turning their attention to concerns about how the Consumer Financial Protection Bureau is being set up. Reps. Judy Biggert, R-Ill., and Spencer Bachus, R-Ala., sent letters to the inspectors general of the Treasury Department and Federal Reserve telling them to investigate the preparations for the launch of the bureau. They called for "rigorous" oversight.

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