Economic Inclusion – Consumer Product Updates

Two of the three essential elements that comprise good financial services policy are robust consumer protections and effective safety and soundness laws.  The third component is policy that supports consumers' access to reasonably priced financial services.  This presentation, given at the 2009 FDIC Interagency Conference on Economic Inclusion, explores the necessary balance that must be struck to among the three elements to craft effective financial services policy, and it describes two federal policy proposals to provide underserved consumers with access to financial products.