Today, the Consumer Financial Protection Bureau (CFPB) announced that it will host a symposium on July 29, 2020, at 9:30 AM Eastern on the cost-benefit analysis of consumer financial protection regulations. The event, which will be available via webcast (register here), will include remarks from Director Kathleen Kraninger followed by two panel discussions.

The first panel is titled, "Cost Benefit Analysis in Consumer Financial Protection Regulation: Its Use and Agency Incentives." Panelists include:

  • CFPB Moderator: Susan Singer, Deputy Assistant Director, Office of Research 
  • Jerry Ellig, Research Professor, George Washington University Regulatory Studies Center
  • Stephen W. Hall, Legal Director & Securities Specialist, Better Markets
  • Brian Hughes, Executive Vice President and Chief Risk Officer, Discover Financial Services
  • Howell Jackson, Professor of Law, Harvard Law School
  • Amit Narang, Regulatory Policy Advocate, Public Citizen

The second panel is titled, "Methodological and Subject Matter Considerations." Panelists include:

  • CFPB Moderator: Paul Rothstein, Section Chief, Financial Institutions and Regulatory Policy, Office of Research
  • John Coates, Professor of Law and Economics, Harvard Law School
  • Mark Cohen, Professor of Law, Vanderbilt Law School
  • Alex Lee, Professor of Law, Northwestern Pritzker School of Law
  • Christopher J. Mayer, Professor of Real Estate, Columbia Business School

According to the CFPB's announcement:

The symposium is intended to seek perspectives [on] the use of cost-benefit analysis in consumer financial protection regulations.  The Bureau is exploring developments in the cost-benefit analysis arena and will consider lessons that may be useful as it nears the start of its second decade of work.


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