Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.
PBS NEWSHOUR asked seven financial professionals, representing both the banking perspective as well as consumer advocates, whether we need a new Consumer Financial Protection Agency. The responses were varied and CU gives a persuasive take on why it is so important that consumer's have an independent agency watching out for there financial safety.