National Automobile Dealers Association

Dems Voting to Exempt Auto Dealers from Financial Oversight Receive More Money

November 4, 2009 -  The House Financial Services Committee marked up and voted on the Consumer Financial Protection Act (H.R. 3126) in late October. Roll call votes on the bill were largely along party lines, with the exception of Amendment #24, sponsored by Rep. John Campbell [R-CA] and Rep. Bill Posey [R-FL], where 19 Democrats broke party lines to vote with 28 Republicans to exclude auto dealers from oversight by the proposed Consumer Financial Protection Agency (CFPA).  Read more