Two good articles in the web today. One is a blogpost by Elizabeth Warren on her brainchild – Consumer Financial Protection Agency. She says there are 3 myths wrt CFPA and addresses each of them.
MYTH #1: CFPA Will Limit Consumer Choice and Hinder Innovation
MYTH #2: The CFPA Will Add Another Layer of Regulation and Increase Regulatory Burden
MYTH #3: Prudential and Consumer Regulation Cannot Be Separated
Then there is a oped by Bernanke in WSJ on Fed’s exit strategy. He looks pretty confident of exiting from various programs.
Both are a good read on the highly debated issues of current times.