RESEARCH ROADMAP: HOW THE CFPB’S TASKFORCE ON FEDERAL CONSUMER FINANCIAL LAW WILL BENEFIT CONSUMERS
The Consumer Financial Protection Bureau (CFPB) recently published a comprehensive report from the Taskforce on Federal Consumer Financial Law that examined ways to harmonize and modernize federal consumer financial laws.
The report focused on the consumer credit regulations and their implementation , as well as gaps in knowledge that should be addressed through research. The comprehensive report could be a step in the right direction to depoliticize and reform the agency in a way that will best address consumers’ financial problems.
Consumers’ Research Senior Research Fellow, Professor Tom Miller, Jr., and chairman of the CFPB’s Taskforce, Professor Todd J. Zywicki, joined Brian Knight, Director of Innovation and Governance and a Senior Research Fellow at the Mercatus Center, to discuss the report and the future of consumer finance law at our latest event.