WASHINGTON — The Consumer Financial Protection Bureau wants to hear from everyone, not just bankers.
The consumer watchdog agency is trying new a technique in the hopes of getting individuals to comment on proposals that affect insurance companies and banks.
Each plan published by any regulatory agency allows for a public comment period, but often the input comes from big corporations and trade groups with a stake in the outcome.
The CFPB's proposed solution is an Internet chat room run by Cornell University called the Regulation Room, where the public will be able to voice their opinions, pose questions, and "like" things they see, as with such social media networks as Facebook.
As an alternative, individuals can also follow the conversation on Twitter @regulationroom.
