Consumer Protection

Our Impact

2019 Consumer Protection in an Age of Uncertainty

The Consumer Protection in an Age of Uncertainty conference explored the status of consumer financial protection as it affects American borrowers, investors, small business owners, and those planning for retirement. Rich Cordray, founding director...

Audience at consumer protection conference

News

CFLP Co-Faculty Director, Jeremy Kress publishes guest essay in New York Times

Dec 6, 2021 New York Times

CFLP Co-Faculty Director Jeremy Kress and Mehrsa Baradaran of the University of California publish opinion piece, "A Squabble at the F.D.I.C. Is Actually a Fight Over Biden’s Entire Economic Agenda" in New York...

Prof. Jeremy Kress stands on stairs smiling outside Michigan Ross

News

Jeremy Kress comments on executive economic oversight

Aug 15, 2021

In an editorial for The Conversation, Jeremy Kress, Co-Faculty Director of the Center on Finance, Law & Policy and Assistant Professor of Business Law at the Ross School of Business commented in support of an executive order aimed at cracking down...

What if?

What if the New Normal Included Using Payment Data to Support Under-Documented Firms?

Oct 20, 2020

A Central Bank Experience During COVID-19 Note: As part of the Central Bank of the Future research project, we asked a few people to help us think big in reimagining the Central Bank of 2070. What underlying assumptions would have to change to...

Daniel Gersten Reiss and Joao Manoel Pinho de Mello Teaser Image 1090x681

Behavioral Finance Symposium Summary Paper

May 6, 2018

Michael S. Barr, Annabel Jouard, Andrew Norwich, Josh Wright, Katy Davis

On September 14-15, 2017, the University of Michigan’s Center on Finance, Law, and Policy and behavioral science research and design lab ideas42 brought together influential leaders from academia, government, nonprofits, and the financial sector for...

Big Data in Finance

Highlights from the Big Data in Finance Conference

October 28, 2016

Michael S. Barr, Brian Koziara, Alfred Hero, H.V. Jagadish

How can financial data be made more accessible and more secure, as well as more useful to regulators, market participants, and the public? As new data sets are created, opportunities emerge. Vast quantities of financial data may help identify...

Working Paper

Mandatory Arbitration in Consumer Finance and Investor Contracts

October 14, 2015

Michael S. Barr

Mandatory pre-dispute arbitration clauses are pervasive in consumer financial and investor contracts — for credit cards, bank accounts, auto loans, broker-dealer services, and many others. These clauses often ill serve households. Consumers are...

Richard Cordray: Watchdog

Apr 14, 2020 0:55:23

A virtual conversation between Richard Cordray and Dean Michael S. Barr on Cordray's distinguished career and his new book, Watchdog: How Protecting Consumers Can Save Our Families, Our Economy, and Our Democracy.

2019 Consumer Protection in an Age of Uncertainty (Day 2): Keynote Conversation with Rohit Chopra

Mar 22, 2019 1:01:09

Rohit Chopra, American consumer advocate and Commissioner on the Federal Trade Commission, talks about consumer uncertainty. Learn more about the conference here.

2019 Consumer Protection in an Age of Uncertainty (Day 2): Panel 4- Problems in Consumer and Small Business Markets with John Pottow, Patricia McCoy, Rob Randhava, Lisa Rice, and Lauren Willis

Mar 22, 2019 1:26:11

This panel considers changing lending practices, the implications of nonbank lenders, and the future of credit regulation. Learn more about the conference here.

2019 Consumer Protection in an Age of Uncertainty (Day 2): Panel 5- Wade Henderson on Student Loans and Panel Discussion with Samuel Levine, Joseph Sanders, and Dan Zibel

Mar 22, 2019 1:47:04

Wade Henderson gives an address on student loans, and the panel considers the question: what is the status of consumer protections in place for student borrowers and efforts to regulate loan servicers, debt collectors and for-profit colleges?

2019 Consumer Protection in an Age of Uncertainty (Day 1): Keynote Address and Lunch with Rich Cordray

Mar 21, 2019 1:09:28

Rich Cordray, founding Director of the Consumer Financial Protection Bureau (CFPB), talks about consumer uncertainty. Learn more about the conference here.

2019 Consumer Protection in an Age of Uncertainty (Day 1): Panel 2- Investor Protection with Andrew Wu, Jane Dokko, Stephen Hall, Barbara Roper, and Betsey Stevenson

Mar 21, 2019 1:27:25

American investors now face a changing and increasingly complex financial marketplace, with new products and technologies in the financial planning sector.

2019 Consumer Protection in an Age of Uncertainty (Day 1): Opening Remarks by Michael S. Barr

Mar 21, 2019 0:12:59

Michael Barr makes opening remarks for the conference Consumer Protection in the Age of Uncertainty. Hosted by the Center on Finance, Law & Policy (CFLP).

2019 Consumer Protection in an Age of Uncertainty (Day 1): Panel 3- Access & Final Inclusion with Adrienne Harris, Mehrsa Baradaran, William Elliot, Melissa Koide, and Lisa Servon

Mar 21, 2019 1:25:43

How have consumers, particularly poor, elderly, and unbanked consumers, fared amid the availability and prevalence of alternatives to traditional banking services?