Why do people borrow? An attempt to live beyond their means or income smoothing that accompanies growing prosperity? Consumer Credit and the American Economy examines the economics, behavioral science, sociology, history, law, and regulation of consumer credit in the United States. The authors look at why Americans use credit and the implications for both the American economy and government regulation. With the Consumer Financial Protection Bureau, created by the Dodd-Frank Act, spreading its wings, there is perhaps no better time to have an in-depth discussion about the past and future of consumer credit. This panel features some of the leading experts in consumer financial regulation, who have served as both regulators and scholars. This event is being co-sponsored by the Federalist Society.