The CFPB Has Been Gutted

Under the current administration, the Consumer Financial Protection Bureau (CFPB) has been significantly weakened.

Created in the aftermath of the 2008 financial crisis, the CFPB was established to protect consumers from predatory financial practices.

However, recent changes in leadership and policy have undermined the bureau’s ability to fulfill its mission.

Key regulations have been rolled back, enforcement actions have been scaled back, and funding for the agency has been cut.

This erosion of the CFPB’s authority has left consumers vulnerable to exploitation by unscrupulous financial institutions.

Without a strong and independent CFPB, consumers may find themselves at greater risk of financial harm.

It is crucial that we advocate for the restoration of the CFPB’s power and resources to ensure that consumers are protected from unfair and deceptive practices.

Only with a fully-functioning CFPB can we safeguard the financial well-being of American households.

Let us work together to ensure that the CFPB is once again able to fulfill its vital role in protecting consumers.