Christopher Peterson, Associate Dean for Academic Affairs at the S.J. Quinney College of Law, was invited to participate in a convening of civil rights, consumer protection, and social justice lobbyists in Washington, D.C. The meeting attempted to create consensus among civil rights and consumer protection advocates on strategies to promote meaningful financial reform and to respond to the ongoing foreclosure crisis.
“Because the Wall Street and financial services industry’s opposition to financial reform is well mobilized and lavishly funded,” explains Dean Peterson, “it is important for academics to provide an independent source of research and expertise to policy makers.”
Dean Peterson’s participation was sponsored by the Kirwan Institute for the Study of Race and Ethnicity at The Ohio State University with funding from the W.K. Kellogg Foundation. The Kirwan Institute, named for former Ohio State University President William Kirwan, has the goal of deepening understanding of the causes and consequences of and solutions to racial and ethnic hierarchy and disparity.
The policy consensus meeting was hosted by the National Council of La Raza, the largest Hispanic civil rights organization in the United States. La Raza works to provide equal opportunities for Hispanic Americans in education, civil rights, and economic rights.
Peterson explained, “In the wake of the worst financial crisis since the Great Depression, history will judge today’s leaders on whether the country moves toward meaningful solutions to consumers’ debt problems.”