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Do We Need a Financial Product Safety Commission?

Richard Mize, real estate editor for the Oklahoman, covers Elizabeth Warren’s proposal for a Financial Product Safety Commission [“Unsafe at Any Rate,” Issue #5]. He writes, “A little regulation goes a long way, but to hear Elizabeth Warren tell it, not nearly far enough in the mortgage market”

By The Editors

Richard Mize, real estate editor for the Oklahoman, covers Elizabeth Warren’s proposal for a Financial Product Safety Commission [“Unsafe at Any Rate,” Issue #5]. He writes,

A little regulation goes a long way, but to hear Elizabeth Warren tell it, not nearly far enough in the mortgage market.

Warren, an Oklahoma City native and Harvard law professor, is calling
for a “Financial Product Safety Commission”–patterned after the
Consumer Product Safety Commission–in the current issue of the
journal Democracy.

Read the rest here.

The Oklahoman

The Editors of Democracy: A Journal of Ideas are Michael Tomasky (Editor), Jack Meserve (Managing Editor), and Sophia Crabbe-Field (Associate Editor).

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