Posted by Matt Hawes on 03/13/10 02:03 AM   [Newer: Ron Paul Interview] [Older: C4L@CPAC 2010: Jack Hunter]

Via the Washington Post:

The potential picks also suggest that the president wants the Fed to do more to restrict actions by banks that could endanger consumers, regardless of what consumer protection responsibilities the Fed ends up with in financial reform legislation now under consideration. The central bank failed to protect consumers from dangerous borrowing practices during the last economic boom, though it has taken more aggressive steps in the past three years....

Read the rest.

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