Here's CJR's Ryan Chittum:
Getting a Consumer Financial Protection Agency passed is going to be hard enough, given how the still-extremely-powerful banking industry has vowed to fight it to the death. Now, Reuters reports that other regulators are trying to smother the agency in the cradle.It's a good read.
One of the only things that can rival the ferocity of a banker protecting his lucre is a bureaucrat protecting his turf. So look out.
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