Financial Services, Consumer Protection, and Mobility: The Next Five Years

Responsible lending practices have historically expanded economic opportunity for American families. Yet as the Great Recession dramatically demonstrated, poorly structured or lightly regulated financial products can also destabilize and take wealth out of communities. Financial reforms, culminating in the Dodd-Frank Act of 2010, have swung the pendulum back toward greater consumer protections. Moving forward, concerns remain about how the financial sector can support mobility again, particularly given rapid demographic and technological change.

Please join the Center for American Progress for a conversation with leading experts on recent developments in the consumer financial marketplace, the financial challenges communities continue to face, and the steps regulators and policymakers should take over the next five years to ensure better outcomes for consumers.

Welcoming remarks:
Winnie Stachelberg, Executive Vice President for External Affairs, Center for American Progress

Panel 1: Financial Services and Mobility Before and After the Crisis

Featured panelists:

Jim Carr, Senior Fellow, Roosevelt Institute
Mike Calhoun, President, Center for Responsible Lending

Moderated by:

Michael Barr, Senior Fellow, Center for American Progress

Panel 2: Protecting Consumers and Expanding Opportunity Over the Next Five Years

Featured panelists:

Lisa Donner, Executive Director, Americans for Financial Reform

David Haber, Co-Founder and CEO, Bond Street
Helaine Olen, Financial Journalist; Co-Author, The Index Card: Why Personal Finance Doesn’t Have to Be Complicated

Rob Randhava, Senior Counsel, Leadership Conference on Civil and Human Rights

Eric Rodriguez, Vice President, National Council of La Raza

Moderated by:

Joe Valenti, Director of Consumer Finance, Center for American Progress

Location

Center for American Progress, 1333 H St. NW, 10th Floor, Washington, DC , 20005