Trump-appointed consumer protection official to visit the U

ANNOUNCEMENTS

The top administrator for the federal Consumer Financial Protection Bureau will visit the University of Utah S.J. Quinney College of Law on Jan. 31, 2020.

Kathy Kraninger will speak at “Consumer Protection in the Trump Administration” on issues related to the consumer watchdog agency she was appointed to oversee in 2018. Her talk will be from 12:15-1:15 p.m. on the sixth floor of the law school, 383 S. University Street. The event is free and open to the public.

Created in the wake of the financial crisis of 2008 and the Great Recession, the CFPB regulates the offering and provision of consumer financial products or services under the federal consumer financial laws and educates and empowers consumers to make better informed financial decisions.

Congress tasked the CFPB with implementing consumer financial protection laws in the U.S. With responsibility for home mortgage loans, credit cards, student loans, bank accounts and other financial services, the CFPB’s work has a profound impact on the daily lives and pocketbooks of every American consumer.

The College of Law has a connection with the CFPB. Professor Christopher Lewis Peterson served as special counsel for enforcement policy and strategy in the CFPB’s Office of Enforcement from 2012 to 2014 and since 2018, has served as financial services director and senior fellow of the Consumer Federation of America. He has authored several Consumer Federation of America reports related to the bureau’s policies under the Trump administration. Those reports include “Dormant: The Consumer Financial Protection Bureau’s Law Enforcement Program in Decline” and “Missing in Action? Consumer Financial Protection Bureau Supervision and the Military Lending Act.”