Nick Bourke directs Pew's work on consumer finance, which includes the small-dollar loans and consumer banking projects. These teams conduct research on payday and other small loans and study the accounts that Americans rely on every day to manage their finances, such as checking accounts, prepaid cards, and mobile payments. They also offer recommendations designed to protect consumers from harmful practices and promote safe, transparent financial markets.
Bourke oversees a team of researchers and other professionals, publishing unique analyses and proposing evidence-based regulation for key segments of the financial services industry. He has testified before congressional committees and frequently interacts with stakeholders from industry and consumer groups. Bourke has conducted numerous interviews on national television and radio news programs and with top print publications.
Bourke previously led Pew’s successful campaign to reform regulation of the credit card industry. Before joining Pew, he worked with financial services and high tech companies, serving as product manager, strategy consultant, and legal adviser, with particular expertise in electronic payments. Most recently, Bourke was senior consultant and project manager for the Ziba Group, where his clients included Visa and other financial services firms. Bourke has also developed marketing analytics products for credit card providers and other organizations. He is a member of the State Bar of California.
Bourke holds a bachelor’s degree in science, technology, and society from Stanford University and a Juris Doctor from the University of California, Davis.
Recent WorkView All
In October, the Consumer Financial Protection Bureau (CFPB) finalized a regulation for conventional payday loans and auto title loans of up to 45 days. Research by The Pew Charitable Trusts has shown that such loans harm consumers because paying them off costs a third of the typical borrower’s next paycheck, leaving borrowers unable to cover basic expenses without reborrowing, which leads... Read More
Nick Bourke, director of The Pew Charitable Trusts’ consumer finance project, issued a statement on the Consumer Financial Protection Bureau’s final payday loan rule. Read More
June 2 marked the one-year anniversary of the release of the Consumer Financial Protection Bureau’s official Notice of Proposed Rulemaking for Payday, Auto Title, and Certain High-Cost Installment Loans. The CFPB received more than 1 million comments on the proposal. Pew’s research indicates that federal regulation is important, but the proposal misses the mark by allowing 400 percent... Read More