Chamber Of Commerce Official Says CFPA Is The "Wrong Approach"

David Hirschmann, The President and Chief Executive Officer of the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness, says that the proposed Consumer Financial Protection Agency is the "wrong approach." The Chamber will soon launch a campaign to oppose the CFPA, which is being looked at in Congress as a means of strengthening consumer protection while avoiding new regulatory layers and government bureaucracy. (0:23)
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