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Consumer Bureau Ready to Start Up

When the new Consumer Financial Protection Bureau begins operations on July 21 it will be a headless wonder, albeit one with lots of clout. At press time, President Obama hadnt named a permanent director for the CFPB. However, that wont prevent the bureau from issuing regulations and examining certain large...

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When the new Consumer Financial Protection Bureau begins operations on July 21 it will be a headless wonder, albeit one with lots of clout. At press time, President Obama hadn’t named a permanent director for the CFPB. However, that won’t prevent the bureau from issuing regulations and examining certain large financial institutions.

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