Competitive Enterprise Institute
Guidebook to Consumer Sovereignty in Finance
Location
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- Wednesday, April 14, 2021 12:00 p.m.
Description
The Consumer Financial Protection Bureau’s (CFPB) recently published Taskforce Report on Federal Consumer Financial Law offers dozens of market solutions to improve consumer welfare and consumer choice, based on thorough data analysis. Released in the final days of CFPB Director Kathy Kraninger’s tenure, the report advises all financial regulatory agencies to ease regulatory burdens on banks and credit unions as well as eliminate barriers to entry for innovative new types of financial institutions.
Join CEI for a stimulating discussion of market-friendly ideas to improve access to capital and credit and financial inclusion for all consumers with Taskforce Chair Todd Zywicki, National Credit Union Association Vice Chairman Kyle Hauptman, and CEI Senior Fellow John Berlau, in conversation with CEI President Kent Lassman. They will discuss the creation of the report, the initiatives it champions, and the strong case for increasing competition with established financial institutions through approval of FinTech banks and industrial lending companies.