“Whoever is in command will determine the agency’s path. When you have a lot of power vested in an agency, everything depends on how effectively they carry out their rulemaking authority.”
-Kathleen Engel, a Suffolk University law professor who sits on the Federal Reserve’s Consumer Advisory Council (WSJ).
The real question is, who will be the first chairperson of this agency ?
Consumer Agency’s Path Will Be Set by First Chief
WSJ, JULY 6, 2010