Detailed text transcripts for TV channel - MSNBC - 20120719:19:46:00
To settle charges they charged consumers into buying add-on credit card services they didn't need. it's the first major enforcement action by the newly formed consumer financial protection bureau created by the dodd/frank wall street reform has already gone through a political war of attrition fighting over the director, a recess appointment, threats of filibuster and promises of dismantling. while it may not fully satisfy people on either side of the aisle, our next guest says it's our best chance at fixing our financial system. john, editor of "the washington monthly" calls the cfpb too impo...