I spoke with Ellen Harnick, Senior Policy Counsel of the Center for Responsible Lending about the initial testimony being made in Congress on the formation of a Consumer Protection Agency for financial products. Ellen is my first repeat guest, a wealth of information and she has a great way of explaining what is going on. She has offered to check in periodically as consumer policy develops in Washington. Here is some of her previous congressional testimony.
Here’s a recent piece she wrote in the Washington Post blog “The Hearing” called The Case for a Consumer Protection Agency.
I made another attempt to Skype since Ellen is in North Carolina and I’m in NYC – this time there wasn’t the crazy lag when capturing the audio. Progress in technology is measured in baby steps, my friends.