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Washington
CFPB Sets Consumer, Student Lending Sessions
WASHINGTON (5/3/13)--Remittances, payday loans, consumer engagement tools and financial services in new American communities will be on the agenda when the Consumer Financial Protection Bureau's Consumer Advisory Board (CAB) holds its second meeting of 2013 on May 15 in Los Angeles.
The CFPB has also scheduled a May 8 student lending field hearing for May 8 in Miami, Fla.
The two-day Los Angeles CAB meeting will feature a public listening session on May 15, with remarks by CFPB Director Richard Cordray. A preview of the CFPB en espanol website, and a feedback session on the site, are also set for May 15. Policy discussions and CAB committee reports are scheduled for the May 16 portion of the CAB meeting.
Two credit union representatives are among the 25 CAB members. Bill Bynum, CEO of Hope Enterprise Corp. and Hope Community CU, Jackson, Miss., serves as vice chair of the CAB. Laura Castro de Cortes, vice president of alternative financial services for Centris FCU, Omaha, Neb., is a CAB member.
The board advises CFPB leadership on consumer financial issues and emerging market trends.
Cordray is also scheduled to speak at the May 8 student lending hearing. The CFPB has not announced witnesses for that hearing, but testimony from the consumer groups, industry representatives, and members of the public is expected, the bureau said.
For more on the CAB meeting and field hearing, use the resource links.
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