TPM: Obama Pushes for Consumer Protection Agency, Tells Dodd It's 'Non-Negotiable'

[flpoljunkie]

Obama Pushes For Consumer Protection Agency, Tells Dodd It's 'Non-Negotiable'

Rachel Slajda
January 20, 2010, 11:40AM

President Obama met with retiring Sen. Chris Dodd (D-CT) yesterday and, according to the New York Times, pushed Dodd on the creation of a consumer protection agency.

Dodd, who chairs the Senate Banking Committee, has reportedly been discussing dropping the agency in order to get Republican support on other financial regulatory reforms. Dodd recently announced that he will retire after this term.

But aides told the Times that for Obama, the agency is "non-negotiable."

This fits in with a more aggressive strategy that many Democrats want to see from the White House. Senior adviser David Axelrod suggested this morning that the administration plans to move in that direction.

"We need to move forward aggressively, continuing on job creation, and on financial regulatory reform," he said. He also urged Congress to pass a health care bill despite last night's election results in Massachusetts.

http://tpmdc.talkingpointsmemo.com/2010/01/obama-pushing-for-consumer-protection-agency-tells-dodd-its-non-negotiable.php#more

[Clio the Leo]

1. He's SO LBJ Like! Pushing the Congress around like that!

;)

[Rosa Luxemburg]

2. Congress needs a foot.........

[quantass]

3. WTF Obama actually said this? Wow, that's a surprise! Hope its true.

With Obama's fetish for bowing to everything republican this comes bit as a surprise....I will hold off my excitement until i read other sources confirming this. Let's hope he and the rest of the democrats don't buckle (again).

[Cha]

8. It's not surprising at all if you've been paying attention

to what Pres Obama does instead of spending time coming up with stupid snark like fetishes.

[CreekDog]

4. Well that makes me feel better about health care reform

not really. :wtf:

:grr:

[Jennicut]

5. Obama knows he has to be more aggressive or the losses will be worse in 2010.

If he does not get that and it is just for show, then he will be dealing with a more Repub Congress.

[DrToast]

6. Public option? Neogtiable.

[hootinholler]

7. Which sort of non-negotiable did he mean?

Like the public option kind or like the real kind where he vetoes a bill without the non-negotiable stuff in it.

-Hoot

[uponit7771]

9. ...tis a start....a start

[FormerDittoHead]

10. Better catch it! Consider THIS the bone he's going to throw at us! n/t