Today, Congress completed its vote on final passage of the historic financial reform package that has been debated for more than a year. The Senate voted 60 – 39 to reign in a number of the abusive financial practices conducted by both small lenders in strip malls and mega-banks on Wall Street.

Green America, in partnership with the American Sustainable Business Council and Americans for Financial Reform, worked on a specific key component of the bill – the Consumer Financial Protection Agency (now renamed a “Bureau.”). The Bureau will protect consumers and small businesses from predatory financial products and services, including mortgages, credit cards, debit cards, pay day loans, and more. The creation of the Bureau is the farthest reaching consumer financial protection enacted in decades.

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Landmark Steps Won: New Financial Protections for Consumers & Small Business