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.
|3/9/11||Durbin Meets With Champaign County First to Discuss Local Priorities|
|3/8/11||Durbin Op-Ed: College Tuition Tax Credit Offers up to $2,500 Per Year|
|3/8/11||College Tuition Tax Credit Offers Up To $2,500 per Year|
|3/7/11||Illinois college parents, students can get up to $2,500 in tax credit|
|3/4/11||Durbin Requests DOT Review On Air Traffic Controller Errors at O?Hare|
|3/2/11||Durbin: VA Disqualifies Three Westwood College Campuses From GI Bill Program|
|3/2/11||Durbin, Kirk and Delegation Call on President to Provide Federal Relief for 74 Illinois Counties|
|2/25/11||Durbin Vows to Fight House Republican Prohibition on CPSC Database ?Putting Children and Consumers at Risk'|
|2/24/11||Durbin Statement on Decline in For-Profit College Enrollment|
|2/23/11||Durbin Announces More Than $1.4 Million in FEMA Grants to Illinois Fire Departments|