For Immediate Release: March 23, 2009 Further Information: Mark Forest/Rory Sheehan - 202-225-3111 DELAHUNT & MILLER INTRODUCE FINANCIAL PRODUCT SAFETY BILL   Media Availability on Wednesday with Delahunt, Miller, Elizabeth Warren, and Representatives from Consumer Federation, U.S. Public Interest Research Group WASHINGTON, DC – In the wake of President Obama’s endorsement of the idea, Congressman Bill Delahunt (D-MA) and Congressman Brad Miller (D-NC) will formally introduce the Financial Product Safety Commission Act on Wednesday.  They will also host a media availability with consumer advocates on Wednesday March 25th, 2009 at 11:00AM in Room 2255 in the Rayburn House Office Building to discuss the merits of the legislation.                 Who:    Representative Bill Delahunt (D-MA)            Representative Brad Miller (D-NC)            Harvard Professor Elizabeth Warren, Harvard Law School            Travis Plunkett, Legislative Director, Consumer Federation of America            Ed Mierzwinski, U.S. Public Interest Research Group        What:   Media Availability on legislation creating the Financial Product Safety Commission Where: Wednesday March 25, 2009 – 11:00AM Room 2255 RHOB            Rayburn House Office Building -- Washington, D.C. The Financial Product Safety Commission Act would establish a consumer “watchdog” with a single objective to protect consumers against abusive financial products used in mortgages, credit cards, and retirement accounts. The current crisis has demonstrated that the nation’s current financial regulation structure has diminished consumer protections and eroded consumer confidence. This new safety commission would hold those who offer consumers financial credit accountable and ensure that they act responsibly. Earlier this month, Delahunt and Miller joined with Senators Durbin and Schumer in announcing the introduction of the Senate version of this bill.   -30- Newsroom