2016 NCLR Annual Conference: Day Three Recap

Breakfast_TW

The third and final day of the 2016 NCLR Annual Conference started bright and early with a breakfast that featured actor and activist Wilson Cruz followed by a lively discussion with three Latina immigrants. They shared their inspiring immigration stories and encouraged our community to vote.

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2016 NCLR Annual Conference: Day One Recap

Today we kicked off our 2016 NCLR Annual Conference in Orlando. The day was filled with workshops, the opening of the National Latino Family Expo, and a speech from Sen. Elizabeth Warren (D-Mass.).

Below are some highlights from the first day of our biggest event of the year.

Our first day started bright and early with a session on our legislative victories over the past year.

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The Consumer Financial Protection Bureau Turns Five!

By Renato R. Rocha, Policy Analyst, Economic Policy Project, NCLR

CFPB_LogoLow- and moderate-income families suffered disproportionate losses of wealth during the Great Recession. Under the conditions that existed before the passage of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, Latinos and other communities of color were not adequately protected from unfair and deceptive financial practices. The lack of oversight allowed for conditions that were ripe for consumer exploitation. NCLR and other civil rights and consumer advocates pushed for an agency that would put families first. The creation of the Consumer Financial Protection Bureau (CFPB) was one of the hallmark achievements of Dodd-Frank.

Today we celebrate the fifth anniversary of the CFPB’s establishment—and what a productive five years it has been. Despite being an infant by federal agency standards, the CFPB has made considerable strides toward making financial markets work for both consumers and providers. Since the inception of the Bureau, the CFPB’s enforcement actions have brought $11.7 billion in relief to more than 27 million consumers.

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