Financial Services
![Financial Services Financial Services](https://webarchive.library.unt.edu/web/20130220181011im_/https://harper.house.gov/sites/harper.house.gov/files/styles/section_front_boilerplate/public/gh9.jpg)
"The creation of the Consumer Financial Protection Bureau (CFPB) within the Federal Reserve will result in one centralized regulatory department that is not acquainted with local financial institutions."
Congressman Gregg Harper believes that by restraining the states’ lending authority, the federal government is limiting the ability of local institutions to compete with larger banks. The congressman supports a plan that would restore market discipline while protecting consumers and small businesses.