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New Consumer Protection Agency Faces Opposition

President Obama shakes hands with former Ohio Attorney General Richard Cordray after announcing his nomination to serve as the first director of the Consumer Financial Protection Bureau. Treasury Secretary Timothy Geithner and Elizabeth Warren, who helped build the agency, look on. (AP)
President Obama shakes hands with former Ohio Attorney General Richard Cordray after announcing his nomination to serve as the first director of the Consumer Financial Protection Bureau. Treasury Secretary Timothy Geithner and Elizabeth Warren, who helped build the agency, look on. (AP)

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