Tag Archives: Obama

Obama pushes consumer protection agency

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President Barack Obama is pushing for one of his biggest changes yet, and he’s doing his best to lash out at those who stand in its way. One of Obama’s most progressive goals has been to establish what he refers to as the “New” Consumer Protection Agency. At current standing, the system only supports the big banks and the big businesses, according to Obama. The establishment of a new government agency would do more to help consumers and it would make them feel much more comfortable about doing business and making purchases. According to many, this new plan seeks to make things simpler for consumers who shop for financial products.