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December 23, 2009 | Tconsoli | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Congress moving toward a consumer financial watchdog with real bite

Had there been a federal watchdog consumer protection agency during the early years of this decade, could it have prevented the housing boom and bust that put millions of homeowners into foreclosure and sucked trillions of dollars of equity wealth from just about everybody else?

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