Elizabeth Warren explains goals of Consumer Financial Protection Bureau

Elizabeth Warren, Special Advisor to President Obama, is squarely in the corner of the U.S. consumer – and it’s about time

Consumer Czar, Elizabeth Warren, is in charge of getting the new Federal agency, the Consumer Financial Protection Bureau, up and running.

In a recent interview on the PBS NewsHour, Warren sees transparency in the banking industry as her top priority.

With greater transparency consumers will be able to better evaluate how much a product really costs, what the risks are and can easily compare one financial product to another.

Warren wants contracts that are short, easy to read with very clear terms. Watch the entire interview now.


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Source: http://www.pbs.org/newshour/bb/business/july-dec10/elizabethwarre_10-05.html

Technorati Tags: elizabeth warren, Consumer Financial Protection Bureau, Bureau of Consumer Financial Protection, consumer protection, banking transparency

Tags: banking transparency, Bureau of Consumer Financial Protection, Consumer Financial Protection Bureau, consumer protection, elizabeth warren