Geithner, Bernanke at odds on consumer protection (AP)

July 30th, 2009 | by |

Federal Deposit Insurance Corporation (FDIC), Chair Sheila Bair testifies on Capitol Hill in Washington, Friday, July 24, 2009, before the House Financial Services Committee hearing on regulatory reform. (AP Photo/J. Scott Applewhite)AP – Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should protect Americans from shady mortgage lending, abusive credit card fees, payday loans and other high-cost or risky financial products.

Source:Geithner, Bernanke at odds on consumer protection
(AP)

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