Looking Out for Consumers

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.

Related Videos

Durbin: Energy Drink Companies Should Not Market to Children Under 18
July 31, 2013

[WASHINGTON, D.C.] ? U.S. Senator Dick Durbin (D-IL) delivered opening remarks at a hearing of the Senate Commerce Committee examining the potential health risks of energy drinks and the marketing of these products to youth.

Protecting Consumers from Unsafe Dietary Supplements
July 30, 2013

[WASHINGTON, D.C.] - U.S. Senator Dick Durbin (D-IL) today spoke on the Senate floor regarding questions raised by an article published in USA Today that featured a dietary supplement that contained the chemical DNP - a hazardous pesticide that was used as a weight-loss drug before it was declared toxic for humans. Durbin spoke about the need to ensure that consumers are able to make informed decisions, and that the Food and Drug Administration (FDA) has the information it needs to respond quickly and efficiently when safety concerns about dietary supplements - including those contained in energy drinks - arise.



Related Photos

Share this page:
Office Locations
  • WASHINGTON, D.C.
    711 Hart Senate Bldg.
    Washington, DC 20510
    9 am to 6 pm ET
    (202) 224-2152 - phone
    (202) 228-0400 - fax

  • CHICAGO
    230 S Dearborn St.
    Suite 3892
    Chicago, IL 60604
    8:30 am to 5 pm
    (312) 353-4952 - phone
    (312) 353-0150 - fax
  • SPRINGFIELD
    525 South 8th St.
    Springfield, IL 62703
    8:30 am to 5 pm
    (217) 492-4062 - phone
    (217) 492-4382 - fax

  • CARBONDALE
    250 W. Cherry Street
    Suite 115-D
    Carbondale, IL 62901
    8:30 am to 5 pm
    (618) 351-1122 - phone
    (618) 351-1124 - fax
  • ROCK ISLAND
    1504 Third Avenue
    Suite 227
    Rock Island, IL 61201
    8:30 am to 4:30 pm
    (309) 786-5173 - phone
    (309) 786-5404 - fax