Media Advisory:
M/A No. 4158.09
Contact:
USDA Office of Communications (202) 720-4623 or
Bill Roach, Iowa Attorney General's Office (515)281-5536
Agriculture Secretary Vilsack and Iowa Attorney General Miller to Hold Press Conference in Support of Proposed U.S. Consumer Financial Protection Agency
WASHINGTON, October 12, 2009 - Tomorrow, Tuesday, October 13, Agriculture Secretary Tom Vilsack will join Iowa Attorney General Tom Miller and AARP Iowa State Director Bruce Koeppl to discuss the importance of the Consumer Financial Protection Agency (CFPA) and why it is crucial that the legislation not undermine authority of states to take action to protect consumers.
This week, Congress starts action on the program (beginning with "mark-up" in the House Financial Service Committee as early as Wednesday). A crucial issue emerging just as the legislation is coming up for action is "preemption" - reducing or limiting the role of states in consumer protection enforcement action.
Secretary Vilsack will speak for the Administration in support of the CFPA legislation.
Attorney General Miller has led state attorneys general in supporting creation of a new U.S. Consumer Financial Protection Agency proposed by President Obama, and will explain why protecting the role of states is essential as this agency is created.
Bruce Koeppl of AARP will tell how the new agency, and preserving the role of states, can have a very practical impact in protecting consumers.
Event details:
Who: U.S. Secretary of Agriculture Tom Vilsack
Iowa Attorney General Tom Miller
Bruce Koeppl, State Director of AARP
When: October 13, 2009
10 a.m.
Where: Attorney General's Office
2nd floor Hoover Building
Des Moines, Iowa
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