The Financial Overhaul Bill.

President Barack Obama today signs into law the biggest overhaul of the U.S. financial-regulatory system since the Great Depression, calling it “the strongest consumer financial protections in history.” In excerpts of Obama’s remarks released by the White House ahead of a signing ceremony, the president praised the law’s creation of a consumer protection bureau that will write and enforce rules for banks on credit card and mortgage lending. “These protections will be enforced by a new consumer watchdog with just one job: looking out for people -- not big banks, not lenders, not investment houses,” he said according to the prepared remarks. “That’s not just good for consumers; that’s good for the economy.”.Link