This week’s agenda: Dodd-Frank anniversary, Consumer Financial Protection Bureau launches, and gay marriage in New York
This week marks the one-year anniversary of President Obama signing the Dodd-Frank Wall Street Reform Bill into law. A key component of that bill was the establishment of a Consumer Financial Protection Bureau (CFPB), which will open its doors on Thursday. Yesterday, Obama announced Elizabeth Warren – the progressive icon who was charged with setting up the CFPB – will not be heading the new agency. In other news, the first legal same-sex marriages will take place in New York next weekend, and the nation’s biggest banks will release their latest quarterly earnings statements. Charlie Herman, business & economics editor for The Takeaway and WNYC, and Kai Wright, editorial director for ColorLines, give their analysis on the major stories of the week.
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