Protect CFPB, Safeguard Consumers from Financial Exploitation

The Trump administration's reckless efforts to disable the Consumer Financial Protection Bureau from within must be stopped. Directives by the acting director have ground the bureau's essential work to a halt, suspending investigations and consumer advocacy operations that have recovered billions for the public from predatory financial practices. This brazen attack on a vital consumer watchdog prioritizes corporate profits over protecting American families from exploitation by banks, lenders and financial firms. Without the CFPB's oversight, deceptive institutions will be free to resume abusive tactics like unfair overdraft fees, predatory lending, and mortgage abuses that harm hardworking households. We cannot allow this vital agency to be sabotaged and dismantled at the behest of powerful special interests. Congress must act urgently to shield the CFPB, preserve its authorities, and ensure it can resume its critical mission of safeguarding consumers and holding the financial sector accountable.