Elissa has been invited to participate in the Financial Education Innovation Meeting of the newly formed Consumer Financial Protection Bureau. This meeting is bringing together academics, behavioral finance experts and financial counselors to identify and brainstorm solutions to common consumer decision-making problems. First of all, we’re very happy that a government agency is bringing in actual financial planners, who work with consumers, to participate in a brainstorming session. Elissa would greatly appreciate your thoughts on this topic. The meeting is this coming Tuesday and any feedback or suggestions you have prior to that would be GREATLY appreciated!
The CFPB is the government agency created out of the Dodd-Frank Act that is charged with looking out for the interests of financial consumers.
Here’s a column by Joe Nocera on the CFPB (Government’s Not Dead Yet).
Here’s a link to the CFPB’s website (http://www.consumerfinance.gov/) and here’s a link to the CFPB’s blog (http://www.consumerfinance.gov/blog/help-the-cfpb-solve-the-most-common-consumer-mistakes/).
We look forward to getting your feedback!