A Proposal to Protect Your Wallet

Pamela Yip of the Dallas Morning News seconds Elizabeth Warren’s call for a Financial Product Safety Commission, which first appeared in the Summer 2007 issue of Democracy. “Ms. Warren, a professor at Harvard Law School and a nationally respected expert on bankruptcy and consumer-finance issues, is calling for a new regulatory regime to review credit card offers, home mortgages, car loans and a host of other financial products for consumer safety issues,” writes Yip, who also mentions that 2008 Democractic presidential candidate John Edwards recently included Warren’s proposal in his campaign platform.

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