Creating a Consumer Financial Protection Agency would allow states to enforce even stricter financial standards. Creating the agency is a central tenet of the Obama administration's proposal to overhaul the nation's financial-regulatory system, but the plan faces stiff industry opposition. "We want to protect consumers. The CFPA doesn't accomplish that goal," said Scott Talbott, senior vice president of government affairs for the Financial Services Roundtable. "Each state could write its own laws. This will destroy uniformity, increase costs and confuse customers."