[Federal Register Volume 77, Number 46 (Thursday, March 8, 2012)]
[Presidential Documents]
[Pages 13959-13960]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-5787]


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  Federal Register / Vol. 77, No. 46 / Thursday, March 8, 2012 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 13959]]

                Proclamation 8782 of March 5, 2012

                
National Consumer Protection Week, 2012

                By the President of the United States of America

                A Proclamation

                Millions of Americans use financial products, including 
                credit cards, mortgages, and student loans, to build 
                the foundation for a better tomorrow. These tools help 
                bring our aspirations within reach and empower 
                countless individuals to earn an education, afford a 
                home, or raise a family. Yet, irresponsible lending and 
                deceptive practices pose serious risks to consumers and 
                our economy alike. During National Consumer Protection 
                Week, we recommit to empowering all Americans with the 
                clear and concise information they need to make 
                financial decisions, and to encouraging open and honest 
                competition in the marketplace.

                For 14 years, consumer advocacy groups, private 
                organizations, and agencies at every level of 
                government have come together to celebrate National 
                Consumer Protection Week by highlighting the ways 
                individuals and families can protect themselves from 
                scams, fraud, and abuse. Robust consumer education is 
                essential to a healthy economy, and I encourage all 
                Americans to learn more about money management, 
                avoiding identity theft, understanding loans and 
                mortgages, and other topics at: www.NCPW.gov.

                With the leadership of the Consumer Financial 
                Protection Bureau (CFPB) and Director Richard Cordray, 
                my Administration continues to look out for the 
                interests of everyday Americans by strengthening 
                oversight and accountability in the financial sector 
                and fighting for the protections consumers deserve. 
                Last year, we launched the ``Know Before You Owe'' 
                campaign to simplify home loan applications, student 
                financial aid packages, and credit card agreements and 
                make it easier for consumers to compare options. We are 
                reaching out to seniors, service members, and others 
                who face unique financial challenges to help them 
                access the tools and resources they need. To better 
                understand the issues confronting consumers across our 
                country, we are also engaging individuals and 
                organizations and ensuring they have a voice at the 
                CFPB. To share your own experience with consumer 
                financial products, file a complaint, or find more 
                information about how the CFPB is protecting American 
                families, visit: www.ConsumerFinance.gov.

                For centuries, our Nation has endeavored to uphold a 
                principle that will forever remain at the heart of the 
                American promise--that with hard work and 
                responsibility, every individual deserves the 
                opportunity to get ahead. As we continue to restore 
                financial security through strong consumer protections, 
                we help ensure no American is left to face unfair 
                practices alone and every family has the chance to 
                preserve and pass down what they have worked so hard to 
                achieve.

                NOW, THEREFORE, I, BARACK OBAMA, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution and the laws of the 
                United States, do hereby proclaim March 4 through March 
                10, 2012, as National Consumer Protection Week. I call 
                upon government officials, industry leaders, and 
                advocates across the Nation to share information about 
                consumer protection and provide our citizens with 
                information about their rights as consumers.

[[Page 13960]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                fifth day of March, in the year of our Lord two 
                thousand twelve, and of the Independence of the United 
                States of America the two hundred and thirty-sixth.
                
                
                    (Presidential Sig.)

[FR Doc. 2012-5787
Filed 3-7-12; 8:45 am]
Billing code 3295-F2-P