Today on the Consumerism Commentary Podcast, Tom Dziubek speaks with Adam Levin, co-founder of Credit.com and former director of the New Jersey Division of Consumer Affairs about the new federal Consumer Financial Protection Bureau.
Adam discusses the goals of the bureau, how it’s an improvement over what was in place before, and some of the challenges that it needs to overcome.
Adam Levin, The Consumer Financial Protection Bureau: S05E17 / 146
Table of contents
[00:00] Introduction from Tom Dziubek
[00:36] Interview with Adam Levin
– [00:50] The Consumer Financial Protection Bureau
– [01:48] How it’s different from what was previously in place
– [03:17] The priorities of the CFPB
– [04:53] Financial literacy & creating new policies vs. enforcing the old ones
– [07:48] Elizabeth Warren vs. Richard Cordray as director
– [12:43] Republican criticisms of the bureau
– [17:58] The CFPB’s effectiveness
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Updated April 12, 2016 and originally published August 14, 2011. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.