Save Our Consumer Watchdog
After the Wall Street crash, Congress created a Consumer Financial Protection Bureau (CFPB) to ensure consumers have a watchdog fighting for their interests in the financial sector. In just five years, the CFPB has already returned nearly $12 billion to consumers who were swindled by big banks, lenders, debt collectors and other financial firms. That’s real money — back in the pockets of consumers like us.
Now Wall Street lobbyists want to exploit the changing tides in Washington to gut this critical watchdog. In the interest of padding their profits, Wall Streeters are pushing a series of bills and executive orders designed to undercut key consumer protections that save us money.
Act now to tell the administration and Congress to stand up for our consumer watchdog. Don’t weaken the CFPB’s powers to rein in fraud and abuse on Wall Street.