Maybe Bill Clinton was right.
Everybody in Congress and in the Obama administration said they are for consumer protection. However, in the debate over the new consumer bureau, it seems to be the case–to paraphrase the former president–that it depends on what the meaning of "consumer protection" is.
The disagreements about the structure and leadership of the Consumer Financial Protection Bureau are mostly breaking down along party lines. Being against consumer protection would be like being against apple pie.
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