At the law office of Alegria & Barovick LLP, Andrew Barovick helps clients navigate matters of medical malpractice, personal injury, and consumer protection. As part of his commitment to the field, Andrew Barovick follows developments in the world of American consumer rights and protections.
The Consumer Financial Protection Bureau is a relatively new government agency dedicated to protecting U.S. consumers from fraud and deceit. President Obama created the agency in his first term, shortly after the 2008 financial crisis sparked national interest in financial protection for citizens.
The bureau works primarily through education, seeking to arm citizens with the tools they need to protect themselves against financial dishonesty and abuse. To this end, it makes available a wealth of educational resources. Its website, http://www.consumerfinance.gov, provides learning tools for individual consumers, teachers, librarians, and parents. Parents can log on to learn how to teach children as young as three about money management and fiscal problem solving. Structured activities, printable play money, and fun games make it easy to instill positive financial values.