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She is a native of oklahoma, she s a janitor s daughter who has become one of the country s fiercest advocates for the middle class. she has seen financial struggles and foreclosures affect her own family. long before this crisis hit, she had written eloquently, passionately, forcefully, about the growing financial pressures on working families. and the need to put in place stronger consumer protections. and three years a she came up with an idea for a new, independent agency that would have one simple overriding mission. standing up for consumers and middle class families. thanks to elizabeth s efforts, as well as the dedication and persistence of the person to my right, secretary of treasury geithner, as well as leaders in congress, like chris dodd and barney frank, that agency will soon become a reality. the consumer financial ....
Or insurance because of that score. basically, the consumer financial protection bureau owe will be a watchdog for the american consumer. charged with enforcing the toughest financial protections in history. now, getting this agency off the ground will be an enormously important task. a task that can t wait. and that task is something that i have asked elizabeth to take on. secretary geithner and i both agree that elizabeth is the best person to stand this agency up. she was the architect behind the idea for a consumer watchdog, so it only makes sense she should be the architect working with secretary of treasury geithner in standing up the agency. she will help oversee all aspects of the bureau s creation from staff recruitment to designing policy initiatives to future decisions about the ....
And foreclosures affect her own family. long before this crisis hit she had written eloquently, passionately, forcefully about the growing financial pressures on working families. and the need to put in place a stronger consumer protection. and three years ago she came up with an idea for a new, independent agency that would have one simple overriding mission. standing up for consumers, and middle class families. thanks to elizabeth s efforts as well as the dedication and persistence of the person to my right, secretary of treasury geithner, as well as leaders in congress like chris dodd and barney frank that agency will soon become a reality. the consumer financial protection bureau, which was one of the central aspects of financial reform, will empower all americans with a clear and concise information they need to ....
Charged with enforcing the toughest financial protectioning in history. now, getting this agency off the ground will be an enormously important task. a task that can t wait. and that task is something that i ve asked elizabeth to take on. secretary geithner and i both agree that elizabeth is the best person to stand this agency up. she was the architect behind the idea for a consumer watchdog. so it only makes sense that she should be the architect working with secretary of treasury geithner in standing up the agency. she will help oversee all aspects ever the bureaus creation from staff recruitment to designing policy initiatives, to future decisions about the agency. she will have direct access to me and to sex geithner, and she will oversee staff at treasury department that has already begun to work on this task. she will also play a pivotal ....
Straightforward news on unemployment delivered today to members of the house appropriations committee by treasury secretary timothy geithner. secretary geithner called the nation s 10% unemployment rate unacceptable. he warned it may very well go up before it starts to go down next year. immediately after that testimony i got a chance to sit down with treasury geithner at the treasury. we started with jobs. mr. secretary, thanks very much for your time. appreciate it. so today on capitol hill you said essentially that the rest of the year looks tough in terms of unemployment. and you urged lawmakers to pass the new wall street rules, financial regulation. is there a connection between those two? are those two items connected? for the economy the most important things we pass is targeted support for growth and expansion and job kree yecreati. more money for state and local ....