Elizabeth Warren said one of her primary focuses will be on cutting down the fine print in agreements so there are "no surprises" when consumers begin to deal with their credit card debt, according to a Marketwatch report.
"We want to focus on the consumer credit products that families deal with nearly every day," Warren said in the conference call with reporters, Marketwatch relayed.
Warren, who was appointed to be the face of the Consumer Financial Protection Bureau by President Barack Obama earlier this year, also said that she wants her organization to be at the forefront of technology to better communicate with consumers. The group is likely to begin operations in July of next year.
Many consumers have been wary of the effects of credit cards in recent months, as the national recession seems to have altered spending habits and money management techniques.