As your constituent, I am urging you to stand up to the special interests, reject any and all legislation that seeks to handicap the Consumer Financial Protection Bureau, and take a strong and public stance in favor of protecting this crucial agency.
For over a decade now, the Consumer Financial Protection Bureau has protected U.S. consumers from financial abuse after unscrupulous Wall Street banks drove millions of Americans down the road to financial ruin in the Great Recession. They’ve put more than $17.5 BILLION back into the pockets of American consumers – which is likely why the CFPB enjoys such broad levels of public support across party lines.
Subjecting the CFPB’s funding to the fluctuations of Congress is a horrible idea that will turn consumer protection into a political football, and undermine the reliability and credibility of the only federal agency dedicated to protecting regular Americans – your constituents – against the predatory practices of the financial industry.
I urge you to think of the millions of Americans who have found resolution from predatory practices, reject any legislation that would undermine this critical agency, and come out publicly with a strong statement in support of the CFPB. Thanks!
