Consumer financial agency quiet about enforcement — though that may soon change

, The National Law Journal

   | 2 Comments

The Consumer Financial Protection Bureau on September 12 released its second semi-annual report to President Barack Obama and Congress, but what's notable is what it doesn't reveal.

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What's being said

  • a-progressiver

    A just, fair, system of commerce and banking can influence the general public in regaining confidence which was lost with the bank fiasco's of the past 4 years.

  • Skeptical

    Enforcement? I'll believe it when I see it. If Republicans thought Cordray was serious, and actually had the capacity to bring cases, they would have made sure he wasn't confirmed.

    Eric Holder certainly hasn't done much to enforce any white collar criminal statutes, even prosecuting many cases that had been readied for trial under Bush. Allen Stanford is the only one I can remember who was busted and I don't doubt if the case hadn't been handed to them on a silver platter, he'd still be living on his own island in the Caribbean.

    If Romney gets elected, of course, the worst offenders will get the largest awards.

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