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Where to put the new Consumer Financial Protection Agency (CFPA), which will centralize the writing and (to some degree) enforcement of federal financial regulations on such things as mortgages, savings accounts, and consumer debt. Should it be an independent agency, like the Securities and Exchange Commission, or a subunit of the Treasury Department or the Federal Reserve?

consumer protection regulation reform monopolies anti-trust health public media broadband internet tax budget policy education transportation infrastructure megacorp megabank megagov megawealth megapower consumer protection reform oversight watchdog cartel cartels monopoly corporatism corporatist feudal neofeudalism finance banks financial economy economic

"In 2005 private student loans were exempted of ALL consumer protections. No matter when their loans were taken, many borrowers now find themselves in a paralyzing predicament of repaying two, three or multiple times the original amount borrowed, with no bankruptcy protection, no cap on fees and penalties and no recourse to the law. The consequences are dire, with stories of borrowers in financial and emotional ruin."

Be careful. Be very careful.