Federal Consumer Protection Agency When Tim Geithner Says "independent Agency", Does He Mean Federal Reserve-esque Power?? (unchecked??)?

When Tim Geithner says "independent agency", does he mean Federal Reserve-esque power?? (unchecked??)? - federal consumer protection agency

http://news.yahoo.com/s/ap/20090521/ap_o ...

WASHINGTON - Treasury Secretary Timothy Geithner said that the Obama administration takes an independent agency for formulating and enforcing rules to protect users of financial services into consideration.

Geithner said in the opinion of the management structure and how the Authority as an agency would have. Geithner comments Thursday were special recognition that these companies could be part of the wider efforts of the Obama administration for the financial sector regulation revised.

Geithner said before a subcommittee of the House budget.

The head of the Securities and Exchange Commission objected to a watchdog Dent in the powers of the SEC.

Geithner told House members that the administration is looking at ways in which a body of consumer protection in relation to "the authorities that exist today between the organizations."