Presidential Documents

13959 

Federal Register 

Vol. 77, No. 46 

Thursday, March 8, 2012 

Title 3— 

The President 

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. 


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13960 Federal Register / Vol. 77, No. 46 / Thursday, March 8, 2012 / Presidential Documents 

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. 

[FR Doc. 2012–5787 

Filed 3–7–12; 8:45 am] 

Billing code 3295–F2–P 


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