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The Leadership Conference on Civil and Human Rights

The Nation's Premier Civil and Human Rights Coalition

The Leadership Conference on Civil and Human Rights  & The Leadership Conference Education Fund
The Nation's Premier Civil and Human Rights Coalition

New Bureau for Protecting Financial Consumers Needs Public Input

November 19, 2010 - Posted by Corrine Yu

In response to the financial disaster that has devastated entire communities and upended millions of lives, The Leadership Conference joined a broad coalition of civil rights, labor, and consumer advocacy groups, known as Americans for Financial Reform (AFR), to help enact the most sweeping set of federal financial reforms since the Great Depression. 

The financial reform bill passed by Congress and signed by President Obama in July includes the creation of an independent Consumer Financial Protection Bureau (CFPB). The new CFPB, which was one of the reforms most strongly supported by AFR, will fill the gaps in existing regulatory structures, and – more importantly – will ensure that consumer protection laws are vigorously enforced.

Consumer advocate Elizabeth Warren, who played a major role in the crafting of the new law, is pulling together a team to set up the new consumer agency. And with a wide range of harmful activities to tackle, AFR is asking the public to participate in a survey on priorities for the CFPB.  Please take a moment to fill out the survey, and AFR will make sure that the results get to Elizabeth Warren and her team.

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