Tuesday, June 1, 2010

No auto-dealer exemption from new consumer protections!

The House and Senate are beginning to reconcile the differences between their Consumer Financial Protection Agency bills this week. Please contact or visit their offices to let them you know you support a strong, independent agency.

In a disappointing development, both of Maryland's senators voted last week to support a provision that would exempt auto dealers from the new oversight rules. We need to let Senator Mikulski, Senator Cardin and our U.S. Representatives know that Marylanders want the new agency to have authority over all lenders, including car dealers. There is still time to fix this, so please let your congressperson and senators know that that issue is important to you.

Click here to find your Representative. For contact information for Maryland's Senators, click here.

Thank you!

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