St. Louis Fed Panel To Discuss Consumer Financial Protection Bureau Nov. 29

Experts from the Cato Institute, the Center for Responsible Lending, Wells Fargo Card Services and the U.S. Conference of State Banking Supervisors will participate and answer questions.

ST. LOUIS – A panel of national banking and consumer lending experts will discuss the new Consumer Financial Protection Bureau on Nov. 29 as part of the St. Louis Fed’s special lunchtime series on the implications of financial regulatory reform.

"The Bureau of Consumer Financial Protection: The Direction and Implications” will be held in the Bank’s Gateway Conference Center from 11:30 a.m.-2:30 p.m. The discussion is free and open to the public.

St. Louis Fed President James Bullard will give opening remarks for the event, which will feature the following guests:

• Mark Calabria, director of financial regulation studies at the Cato Institute, Washington, D.C.;
• Ellen Harnick, senior policy counsel, Center for Responsible Lending, Durham, N.C.;
• Mike McCoy, president, Wells Fargo Card Services; Des Moines, Iowa; and
• John Ryan, executive director of the U.S. Conference of State Banking Supervisors; Washington, D.C.

Each speaker will give brief remarks, followed by a panel discussion and audience question and answer session facilitated by St. Louis Fed Senior Vice President of Banking Supervision and Regulation Julie Stackhouse.

The event begins with a light lunch at 11:30 a.m., with the program starting promptly at 12:30 p.m. Seating is limited and registration is required via the St. Louis Fed’s online registration site.

“The Bureau of Consumer Financial Protection: The Direction and Implications” is the fourth and final discussion to be held in St. Louis on the implications of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The previous events held in St. Louis, as well as in Memphis and Louisville, have featured overviews from a variety of banking, legal and regulatory experts on Dodd-Frank’s implications for the banking and finance sectors, as well as the potential impact and ramifications of the new Financial Stability Oversight Council and the FDIC’s new resolution authority. To encourage and facilitate dialogue, all events have been open to the public. The final event in the District-wide series will be held in Little Rock on Dec. 7. To view the previous events, see the Bank's reg reform multimedia section.