Democrats fend off effort to kill consumer agency

[SpartanDem]

Source: AP

WASHINGTON — House Democrats headed into the final stretch on a long-awaited Wall Street regulation bill Friday after fending off an effort to kill a proposed consumer agency that is a central feature of the legislation.

The sweeping regulatory overhaul aims to address the myriad conditions that led to last year's financial crisis.

Test votes during two days of debate indicate that Democratic support for the underlying legislation will hold in final passage.

Before the final vote Friday, House members rejected by a vote 223-208 an amendment that would have killed a proposed Consumer Financial Protection Agency. The agency would consolidate consumer lending regulations and enforcement that is now split among several banking regulators.



Read more: http://www.google.com/hostednews/ap/article/ALeqM5g7ffRdswXTlfgaQS0FCOZmrvbwcAD9CH9JGG0

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The roll call results

http://clerk.house.gov/evs/2009/roll965.xml#Y

[Zoeisright]

1. The repukes can't have any pesky agencies protecting consumers now!

After all, the bankster's job is to rip off ordinary Americans and give that money to THEM!

[Zorra]

2. This illustrates the essential difference between Democrats and republicans.

Democrats believe in protecting the safety and rights of citizens against unfair or dangerous practices by commercial entities or any economically advantaged individuals or groups.

Republicans believe in allowing commercial entities or economically advantaged individuals or groups to engage in unfair or harmful practices regardless of any harm these practices may cause to citizens.

Rep. Alan Grayson nailed the republican philosophy perfectly when he said: "The Republican health care plan is this: 'Don't get sick, and if you do get sick, die quickly.'"

[eilen]

3. What is this "fend off" shit? Shouldn't it be "Democrats crush attempts..."?

Who is the majority again?

[defendandprotect]

5. Excellent Point . . . !!

[Mithreal]

4. Thanks for including the roll call link

[AlinPA]

6. It shows a lot of Democrats joining the republicans or not voting