This week we kicked off Tuesday Talks, a weekly live video chat, with Elizabeth Warren, who is leading efforts to set up the Consumer Financial Protection Bureau (CFPB) – one of the central aspects of the Wall Street Reform and Consumer Protection Act that the President signed in July.
Check out what you missed and join us next week.
Use the links below to jump directly to a question (questions are paraphrased).
- Opening remarks
- What exactly is your role and how will the average consumer benefit from your post?
- How will Wall Street Reform affect the middle class American?
- What advice do you have for students to remain optimistic in this tough economy?
- What are your thoughts on the new charges that the banking industry has introduced to offset the regulations put in place by Wall Street Reform?
- Who will be regulated, and what penalties will be enacted for violations?
- Where should consumers turn if they have issues with a financial product?
- Is the bureau taking action to address the recent mortgage foreclosure crisis affecting homeowners?
- What is your opinion on ‘personal responsibility’ versus ‘leveling the playing field’?
- Will the bureau merely be reactive to claims of abuse, or will it be proactive in checking out the behavior of financial companies?
- How will the CFPB help consumers and how can consumers help the CFPB?
- At what point do we penalize insurance companies that make huge profits but do not provide adequate services to the consumers that they insure?