Thank you for joining us as we meet with our Consumer Advisory Board. We all look forward to our dialogue with our CAB members, who share with us their perspective, their expertise, and their actual experience on the ground. We are all here because we care deeply about how people are being treated in the consumer financial marketplace.
Thank you all for joining us today. And thank you to Attorney General King, Attorney General Madigan, Attorney General Miller, and Attorney General Conway for being with us. Financial products can be a way for Americans to achieve dreams: to buy a home, to start a small business, and importantly, to go to school. People […]
Thank you for having me back again this year. I am glad to say that I now stand before you as the undisputed Director of the Consumer Financial Protection Bureau, having been confirmed by a strongly bipartisan vote of the Senate last summer. That was an important milestone for me and for our new agency, and we all thank you for your strong support throughout that process. It means not only that the Consumer Bureau has fully come into its own, but also that we are building a solid foundation for a long time to come.
I want to thank all of you here for your interest in helping hardworking consumers achieve financial peace of mind. I firmly believe that employers who provide financial education in the workplace are not only doing the right thing, they are doing the smart thing for their employees and their businesses.
Thank you all for being here. Our topic of discussion today has deep resonance for me. Having worked on financial education issues at the local, state, and now the federal level of government, I have come to know firsthand how important it is for our school districts, as well as state and local officials, to be directly involved in the financial education of our children.
Thank you for joining us. Today we are taking important steps to improve information about the residential mortgage market. As Congress required in the Dodd-Frank Act, we are considering proposing rules that would make changes in how financial institutions report their mortgage activity. One of the main purposes of this effort is to gain greater insight into issues about access to credit. We are also releasing an important new tool today so the public can better use the mortgage loan data that is already available. Taken together, we believe these efforts can improve the quality of and access to mortgage loan data, even as we relieve many of the pain points for creditors in the current data collection process. In short, these efforts are about better information, better collection, and better access to mortgage loan data.