Point Woman for Consumer Protection
Law School professor and congressional adviser Elizabeth Warren promotes a Consumer Financial Protection Agency.
As Congress turns its attention to a financial regulatory overhaul, one provision under consideration is the creation of a Consumer Financial Protection Agency to regulate mortgages and credit cards. Gottlieb professor of law Elizabeth Warren--now on leave to serve in Washington as head of congressional oversight for the Troubled Asset Relief Program--is described as, unofficially, that possible agency’s "chief conceiver" and "booster" in a just-posted New York Times profile.
To learn more about Warren’s views on the condition of middle-class Americans, and her case for a consumer financial protection agency, see these articles from Harvard Magazine’s archives:
The Middle Class on the Precipice (from the January-February 2006 issue)
Making Credit Safer (from the May-June 2008 issue)