A big reason why we have suffered through the financial crisis and Great Recession is that banking regulatory agencies were looking out for short-term profits at big banks – not looking out for consumers, investors or economic stability.
The American public wants and needs an effective Consumer Financial Protection Bureau (CFPB) to prevent rip-off financial products with tricks, traps, and hidden fees. Elizabeth Warren stands up for Main Street, and she is the right person to lead the CFPB.