Consumer protection

One of the critical ways to promote economic security is by making financial services work better for more American families. Building a financial system that promotes consumer autonomy will require innovation, particularly in our payment systems and political/legal infrastructure. Such advances could help empower consumers and harness technological innovation if they are grounded with strong consumer protections—especially in an era where people increasingly turn to technology to manage their financial lives. 

Conference

Dodd-Frank achievements assessed on its 10th anniversary

With banks and other institutions holding key financial levers to help businesses navigate the pandemic, former Senate Banking Committee Chairman Chris Dodd and former House Financial Services Committee Chairman Barney Frank credited their law — passed in response to the 2008 financial crisis — with positioning the banking system as a stabilizing force.

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