Click here to view Senator Peralta's letter to President Obama.

“As the Chair of the New York State Senate’s Consumer Protection Committee and State Senator representing over 300,000 New Yorkers, I have seen firsthand the devastating effects these challenging economic times have had on Americans. These distressing financial problems are often times compounded by the fact that many consumers simply do not know their rights and in many cases because they have been victims of predatory credit products.

“I am confident that Dr. Elizabeth Warren is the right choice to be the Consumer Financial Protection Bureau’s first Director…… she will be a rational and indispensable advocate for American families who are struggling through these tough economic times.”