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.
|2/4/14||Members of Congress Call for Ban of E-Cigarettes on Capitol Grounds|
|1/30/14||Durbin: Senate Passes Bill that Will Allow Metro East to Avoid High Flood Insurance Premiums While Upgrading Levees|
|1/30/14||Durbin Applauds Effort to Better Track Military and Veterans Education Benefits|
|1/28/14||Durbin Statement on President Obama's State of the Union Address|
|1/15/14||Durbin: The Surgeon General's First Report on Smoking Was a Turning Point, But We Still Have a Long Way to Go|
|1/14/14||Senators: Golden Globes Should Celebrate Achievements in Film and Television, Not Smoking and E-Cigarettes|
|1/13/14||Durbin & Blumenthal Optimistic FDA's New Online Reporting System Will BEtter Detect Unsafe Dietary Supplements|
|1/13/14||Durbin Commends State Action on Pet Coke|
|12/20/13||Senators Urge Swift Review of FDA Rule to Regulare the Manufacturing, Sale, and Marketing of E-Cigarettes|
|12/20/13||Durbin Asks IRS to Issue Rule Limiting What Hospitals Can Charge Poor, Uninsured for Care|