Richard Blumenthal actually said...

This proposal would create a new agency, a very strong financial products watchdog and guardian.

To those who helped create this mess and now plan to flood the airwaves with misleading propaganda, I have just two words for you: Get real.

As a former United States Attorney, I can tell you that organized crime would offer a better deal.

That is why I called for the creation of an independent consumer protection agency whose sole focus is the financial well-being of consumers...