The Obama administration is actively discussing the creation of a regulatory commission that would have broad authority to protect consumers who use financial products as varied as mortgages, credit cards and mutual funds, according to several sources familiar with the matter. -
By Zachary A. Goldfarb, Binyamin Appelbaum and David Cho
U.S. May Add New Financial Watchdog
The Obama administration is actively discussing the creation of a regulatory commission that would have broad authority to protect consumers who use financial products as varied as mortgages, credit cards and mutual funds, according to several sources familiar with the matter.-
By Zachary A. Goldfarb, Binyamin Appelbaum and David Cho