The CFPB protects all Americans

The Consumer Financial Protection Bureau (CFPB) plays a crucial role in safeguarding consumers from deceptive and exploitative practices in the financial sector. It is imperative that the agency continues to function effectively to uphold consumer rights and maintain a fair and transparent financial marketplace. The bureau's enforcement actions have recovered billions of dollars for consumers harmed by unfair lending, debt collection, and other abusive practices. By stripping the CFPB of its funding and authority, the administration is leaving Americans vulnerable to predatory tactics and hidden fees from financial institutions. Consumers deserve a strong watchdog agency dedicated to their protection rather than corporate interests. We urge the administration to allow the CFPB to fulfill its statutory duties and continue serving as a robust advocate for the public against misconduct in the financial industry.