The CFPB Does Real Good, For Real Voters.
Feb. 11, 2017
President Trump’s steps last week to loosen rules and regulations that were put in place to prevent another financial collapse might make Wall Street happy, but it worries Vets.
Founded in 2011, the CFPB has delivered nearly $12 billion in relief to more than 29 million consumers. This is the enforcement arm of the government sent out to protect consumers. These are the "little guy" harmed by the illegal practices by predatory lenders, big banks, abusive debt collectors and outright scammers. Who has been helped the most by the agency’s focus on consumer financial protection and its aggressive scrutiny of the financial industry? Our nation’s military families.
read more at: Protect our troops, not Wall Street: Column