The Committee will examine Consumer Protection and the Credit Crisis and enforcement against fraudulent credit repair schemes under the Credit Repair Organization Act (CROA).
Specifically, the Committee will examine consumer protection in credit counseling, debt management, and foreclosure rescue programs and fraud. The Committee will also examine oversight of the federal authorities, protecting distressed consumers from mortgage fraud scams, and steering families away from these fraudulent schemes toward a path of financial stability.
Witness Panel 1
The Honorable Pamela Jones HarbourCommissionerFederal Trade Commission
Witness Panel 2
Mr. Prentiss CoxAssociate Clinical Professor of LawUniversity of Minnesota Law School
Mr. Travis PlunkettLegislative DirectorConsumer Federation of America
Mrs. Nancy DixConsumer
Mr. Bill HimplerExecutive Vice President, Federal Government AffairsAmerican Financial Services Association