An Appealing Design: Students devise an appeals process for the new Consumer Watchdog Agency
Last year, after Rory Van Loo ’07 left the Consumer Financial Protection Bureau implementation team to become a lecturer on law and assistant director of the Harvard Negotiation & Mediation Clinical Program, he asked his former colleagues how HLS students might assist the new agency. It had been created by Congress in 2010 largely thanks to the vision of HLS Professor Elizabeth Warren, and its mission included examining certain consumer financial services companies and large banks and credit unions. But the legislation creating it did not establish an appeals process for examining findings.
Creating that process became a project for three students in the Harvard Negotiation and Mediation Clinic. In December they flew to Washington, D.C., to meet with officials at the agency, including current Director Richard Cordray, to present their vision for such an appeals system.
Read the full story in the Harvard Law Bulletin.Caption: Elizabeth Grosso ’13, Ryan Blodgett ’12 and Jeff Monhait ’12. Photo credit: Kathleen Dooher.