Commitment to Fair Lending Practices

Prepared Remarks of CFPB Director Richard Cordray at the Financial Services Roundtable Event on Financial Education

By Richard Cordray | Consumer Financial Protection Bureau

Thank you all for joining us here today. We all agree that consumers need both a safe, transparent financial marketplace and the capability to navigate that marketplace effectively.

In the past few years, we have been working through the residue of the financial crisis. During that crisis, millions lost their jobs, millions lost their homes, and almost everyone lost part of their life savings. As we emerge from those tough times, it is even more essential that we empower people to take more control over their economic lives. Both consumers and industry will benefit if we can do more to achieve that outcome.

Read the full post at the source: Consumer Financial