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An open letter to the U.S. Senate

Stop DOGE & unelected Elon Musk from destroying consumer protections

17 so far! Help us get to 25 signers!

The actions taken against the Consumer Financial Protection Bureau (CFPB) by the Trump administration are deeply concerning and pose a grave threat to consumer protections in the financial sector. The CFPB is a vital agency established by Congress to safeguard the interests of ordinary Americans from predatory and deceptive practices by financial institutions. Its role in enforcing consumer finance laws, issuing regulations, and holding companies accountable for misconduct has returned billions of dollars to consumers and played a crucial role in preventing another financial crisis. By shuttering the CFPB's offices, prohibiting staff from working, and attempting to undermine its funding, the Trump administration is undermining the agency's ability to fulfill its congressionally mandated duties. This blatant disregard for the law and the well-being of American consumers is unacceptable. The CFPB's independence and authority must be respected and protected to ensure a fair and transparent financial system that prioritizes the needs of people over the profits of corporations. I urge you to take immediate action to safeguard the CFPB's operations, funding, and autonomy. The agency's vital work in consumer protection cannot be compromised or subverted by political agendas. Its continued existence and effective functioning are essential to maintaining trust and stability in the nation's financial system and upholding the rights of all consumers.

▶ Created on February 12 by Carolynn

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