Thread: ACORN to be allowed to set regulations financial institution

Originally Posted by vortex

I think this is an amendment to the Consumer Financial Protection Agency Act of 2009. http://thomas.loc.gov/cgi-bin/query/.../~c1114Uporj::

http://frwebgate.access.gpo.gov/cgi-bin ... ih.txt.pdf

http://www.thomas.gov/cgi-bin/query/z?c111:H.R.3126:

http://www.thomas.gov/home/gpoxmlc111/h3126_ih.xml

Some of the Thomas Links expire very-very quickly. These may work. If not, go to thomas.gov and put in the search words Consumer Financial Protection Agency Act

Dixie

Originally Posted by SOSADFORUS

Signed petition!!

This is pure madness!! am sending article to Glenn Beck!

Just call me Dorthy , I'm going to take toto for a walk as my blood pressure is rising!!!

I am right there with you SOSAD!

They get their funding back on Halloween. Pulling the funding was only a grand stand by the politicians.

http://www.youtube.com/watch?v=ANUGT6CmBpw

Originally Posted by April

Link to Petition:

http://saynotoacorn.com/petition

I signed the petition but it doesnt say anything about the Waters amendment.

Democrats Vote To Give ACORN Regulatory Authority Over Financial Institutions
PRESS RELEASE COMMITTEE ON FINANCIAL SERVICES/REPUBLICANS

During consideration of H.R. 3126, legislation to establish a Consumer Financial Protection Agency (CFPA), Democrats on the House Financial Services Committee voted to pass an amendment offered by Rep. Maxine Waters (D-CA) that will make ACORN eligible to play a role in setting regulations for financial institutions.

The Waters amendment adds to the CFPA Oversight Board 5 representatives from the fields of “consumer protection, fair lending and civil rights, representatives of depository institutions that primarily serve underserved communities, or representatives of communities that have been significantly impacted by higher-priced mortgagesâ€