Archive for the ‘Policy Summit’ tag
Fed’s Kroszner Says Disclosures Might Not Be Enough
Speaking at the Cleveland Fed’s 2008 Community Development Policy
Summit on consumer credit markets, Fed Governor Randall
Kroszner said that more disclosures on some credit products may not be
sufficient to protect consumers.
“There are challenges in ensuring
that the appropriate information is provided to help markets function
efficiently,” said Kroszner. “Product suppliers may not always
provide…