1. United States
2. Va.
3. Letter

The Consumer Financial Protection Bureau (CFPB) plays a vital role in safeguarding consumers against predatory and unethical practices by financial institutions. Since its inception, the Bureau has recovered over $21 billion from corporations that engaged in unlawful activities, benefiting over 205 million Americans. It has also handled over 10 million complaints, providing a crucial avenue for individuals, service members, students, and victims of scams to seek redress. However, the CFPB is now under attack by the Trump administration and powerful interests that seek to undermine its ability to hold financial institutions accountable. Acting Director Russell Vought has issued directives to halt the agency's operations and cut off its funding stream from the Federal Reserve, actions that have been widely condemned as illegal and detrimental to consumer protection. The CFPB's continued existence and effectiveness are ultimately the responsibility of Congress. It is imperative that you take immediate action to vocally support and defend the Bureau against these blatant attempts to dismantle it. The CFPB's work has broad bipartisan support, and its absence would leave Americans vulnerable to devastating financial harm from predatory corporations. The dismantling of the CFPB would constitute a significant setback in consumer protection and a victory for corporate interests over the well-being of the public. I urge you to prioritize the interests of your constituents and take decisive steps to ensure the Bureau's continued operation and funding, preserving its ability to hold financial institutions accountable and safeguard consumers from unfair and abusive practices.