The consumer financial protection agency will prevent predatory lending practices and other abuses and will ensure that consumers get clear information they can understand about financial products like credit cards and mortgages.
Statement on House of Representatives Action on Legislation To Create the Consumer Financial Protection Agency
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More from Barack Obama
Because if this becomes the new normal, there’s no reason to believe it will stop with her — or that future presidents, in either party, won’t do the same.
It is a decision about how do we face and embrace this finite amount of time we have on the planet.
I think when we act on that basis, it doesn't always work out, but over time things do get better.
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