Alert
Close

Take AARP’s Smart Driver course and you could save money on your car insurance. Learn more

Highlights

Open
AARP Real Possibilities

 

FREE FUN!

AARP Games - Play Now!

Contests and
Sweeps

Safe Driving in 2014 Sweepstakes

Learn how AARP Driver Safety can help you stay safe—and enter for a chance to win $1,000. See official rules. 

AARP Auto Buying Program

MOST POPULAR

Viewed

AARP Supports New Consumer Protection Agency

As Congress debates a new regulatory structure for the financial industry, AARP has weighed in on the side of consumers.

Congress has responded slowly to the financial crisis that began in 2008. In the face of conflicting proposals from the Federal Reserve, the Obama administration and the influential banking and special financial interests, AARP’s primary focus is a new, independent Consumer Financial Protection Agency. The office would consolidate regulatory and enforcement functions currently performed by seven different agencies.

“It is clear that the retirement security of Americans may be one of the greatest casualties of the financial crisis,” AARP President Jennie Chin Hansen and CEO A. Barry Rand wrote in a letter to the Senate Banking Committee’s top legislators, Chairman Christopher Dodd (D-Conn.) and Richard Shelby (R-Ala.). They praised the lawmakers’ “very positive steps toward restoring accountability, responsibility and transparency in the financial markets” and urged them to work together.

The House has already passed its overhaul package, including the new consumer protection agency. While the Senate prepares its legislation, AARP’s call for activists to write or call their lawmakers generated 100,000 letters in January alone.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Downloadable mobile app from AARP® Roadside Assistance from Allstate.

AARP Credit card from Chase

Members can earn 3% cash back on purchases with the AARP® Credit Card from Chase.

Member Benefits

Join or renew today! Members receive exclusive member benefits & affect social change.