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Senate Rejects GOP Consumer Protection Plan

by Audie Cornish, NPR
May 7, 2010

The dispute over the creation of a consumer financial protection agency has been at the center of the debate of a measure trying to overhaul regulations on banks. A Republican proposal to dilute consumer provisions was defeated Thursday. Democrats and the president argued that the GOP proposal would have "gutted" consumer protections.

Broadcast Dates

  • Morning Edition, May 7, 2010
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