Protect the Agency That Saved Americans $4.25 Billion: The Consumer Financial Protection Bureau has been the most successful advocate for consumers against industry abuse.
federal financial regulator with an office devoted to addressing the specific and unique threats servicemembers face.
House Republicans will have another opportunity to go to bat for their financial industry donors during the House Financial Service Committee’s Wednesdayon the CFPB, where the bureau’s director, Rohit Chopra, will have the chance to defend his bureau’s critical work. It will also serve as a preview of the harm many Republicans seek to enact against American consumers by gutting the bureau’s protection.
In a world with a weaker CFPB, the Republicans who deny the truth about the financial industry’s worst behavior could have the last say regarding the fate of struggling consumers. We can’t trust industry allies to hold these bad actors accountable—the Supreme Court must rule to protect the success and advocacy of the CFPB.Liz Zelnick is the director of the Economic Security & Corporate Power Program at Accountable.
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