For nearly a decade, Demos has conducted research and analysis on the link between high-cost consumer credit, deregulation and widespread economic security among working American families. Demos has endorsed the creation of a strong, non-preemptive Consumer Financial Protection Agency (CFPA) as part of H.R. 4173, Wall Street Reform and Consumer Protection Act of 2009. The agency would restore balanced regulation and help prevent another financial crisis.

The following is a brief primer on key amendments to the CFPA, being considered this week in the House. All amendment texts can be found at the U.S. House of Representatives Committee on Rules website.

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