An industry group, the Financial Services Roundtable, says it supports many of the administration's proposals but not for a consumer protection agency.
VOA: special.2009.06.19
The administration also proposes a new Consumer Financial Protection Agency.
VOA: special.2009.06.19
But the big act came on Thursday when the Obama administration released its Consumer Data Privacy in a Networked World report (PDF) that includes a proposed Consumer Privacy Bill of Rights that the administration plans to send to Congress.