Last year, Congress passed Wall Street reform in response to the financial meltdown of 2008. My focus during that debate was to make it far easier for American families to manage their financial affairs without worrying about the tricks and traps that banks may have hidden in the fine print of contracts.
That’s why I introduced a bill with the help of Professor Elizabeth Warren from Harvard to create an independent financial watchdog whose sole purpose would be to look out for the needs of American families trying to use financial services wisely.
That idea ultimately became the Consumer Financial Protection Bureau, which is being established now and will become an independent regulator this July.
|10/31/13||Durbin, Kirk Bill to Protect School Children with Allergies Passes United States Senate|
|10/30/13||Senate Veterans Affairs Committee Advances Durbin-Sponsored Legislation to Expan Student Loan and Housing Assistance for Servicemembers|
|10/29/13||Durbin Meets with CEO of Greater Chicago Food Depository to Discuss Importance of Protecting Food Assistance for Millions of Working Families|
|10/29/13||Durbin Calls on Dietary Supplement Manufacturer to Prove Compliance with Federal Law Regulating New Ingredients|
|9/26/13||Durbin, Harkin, Rockefeller, Waxman & Members of Congress Call on E-Cigarette Makers to Explain Marketing Tactics Targeting Kids|
|9/25/13||Durbin: NFL, NHL, NBA, US Soccer, NCAA Endorse Concussion Safety Bill|
|9/25/13||Durbin, Markey, Rockefeller, Blumenthal Call on Energy Drink Companies to Stop Marketing to Children|
|9/24/13||Durbin Statement on Illinois Health Plan Rates|
|9/10/13||Durbin to Duncan: Time to Crack Down on For-Profit Medical Schools That Use Offshore Loophole|
|9/5/13||Durbin, Blumenthal, Harkin, Carper, Brown, and Markey Warn Against Dangers of E-Cigs After CDC Release Data Showing an Increase in Use Among Youth|