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Small print: why we need a Financial Product Safety Commission

By Sam Glover

“In America, we don’t say ‘buyer beware’ when people are buying prescription drugs or when they’re concerned about lead paint in toys,” says Majority Whip Dick Durbin (D-Ill.), a cosponsor of a bill that would create a Financial Product Safety Commission, which would oversee mortgages, credit cards, and other financial instruments. When it comes to financial [...] Related posts:

• Elizabeth Warren’s Financial Product Safety Commission
• Is Michael Baroody the wrong candidate to head the Consumer Product Safety Commission?
• Consumer Product Safety Bill Passes Congress


Full post as published by Caveat Emptor on March 23, 2009 (boomark / email).

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