Gen. Petraeus' Wife to Fight Predatory Lenders

Wednesday, 05 Jan 2011 11:00 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The wife of the top U.S. commander in Afghanistan will head the new Consumer Financial Protection Bureau’s efforts to protect military families from predatory lenders. Holly Petraeus, the wife of Gen. David Petraeus, will be appointed this week to take charge of the Office for Service Member Affairs, sources told The Washington Post.

holly, pretraeus, predatory, lendersThe daughter of a career Army officer, Holly Petraeus is director of BBB Military Line, an advocate for military families that works with the Defense Department. She will join a team being put together by presidential adviser Elizabeth Warren that has now grown to more than 100 people including former Ohio Attorney General Richard Cordray, who will head the enforcement division, the paper reported.

President Barack Obama has yet to name a leader for the new agency that was opposed by many Republican members of Congress. Abusive lending practices are a key focus of the agency. The Service Member Affairs Office is part of the Education and Engagement division that also includes efforts to protect students, the elderly, and others from predatory lending, The Washington Post said.



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Yellen's Tough Job: Determining When Labor Market Has Healed

Friday, 22 Aug 2014 23:49 PM

Federal Reserve Chair Janet Yellen said she still isn't satisfied with the U.S. labor market. . . .

California Senate Passes Gun Database Checks Bill

Friday, 22 Aug 2014 22:46 PM

The California Senate passed a bill on Friday requiring local law enforcement to search a database of firearms owners in . . .

Parole for John Lennon's Killer Mark David Chapman Denied Again

Friday, 22 Aug 2014 22:19 PM

John Lennon's killer was denied release from prison in his eighth appearance before a parole board, correction officials . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved