The Butcher, The Baker and Fannie Mae

by
Abby Zimet

In another bizarre turn to the right, the U.S. Chamber of Commerce is launching a $2 million advertising campaign against
the proposed Consumer
Financial Protection Agency. Though it's aimed at curtailing past
abuses of banks and mortgage lenders, the ads suggest it would mean you
can't charge your hamburger at the local meat market, if it still
exists.

Kirstin Brost, a spokeswoman for Senate Banking Committee Chairman
Chris Dodd (D., Conn.), said the industry is wasting its money with the attacks: "The public doesn't
believe that there was too much consumer protection."

 

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