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Financial consumers need new watchdog: Obama admin
WASHINGTON (Reuters) - The U.S. government's fragmented system for protecting financial consumers is "designed to fail" and must be replaced by a single, powerful new agency, a senior U.S. Treasury official said on Tuesday.
WASHINGTON (Reuters) – The U.S. government’s fragmented system for protecting financial consumers is “designed to fail” and must be replaced by a single, powerful new agency, a senior U.S. Treasury official said on Tuesday.