Blog: Call Congress NOW: Stop the Big, Brutal Bill Attacking the CFPB

Call Congress NOW: Stop the Big, Brutal Bill Attacking the CFPB

Faith leaders, union members, and consumer advocates rallied outside CFPB headquarters on June 5 with a unified message to Congress: gutting the Consumer Financial Protection Bureau’s budget is a direct attack on the people that the CFPB protects every day.

“The CFPB works for the people, not the banks or the CEOS. It’s working people like us all coming together in solidarity who are going to stand up for ourselves against these corrupt billionaires and their lackeys and bootlickers in Congress who think they can just rip you off too,” said Cat Farman, President of the CFPB Union NTEU Chapter 335. 

Speakers from Annapolis to Anchorage, from CFPB employees to economic justice organizers, warned that slashing the Bureau’s independent funding would leave people in every state more vulnerable to scams, junk fees, and financial abuse.

Claire Estelle Lubke of Alaska PIRG put it plainly:

“Corrupt companies disproportionately target our elders and those that have served our country with predatory financial products. The CFPB is the only agency tasked with protecting them.”

And from Indiana, Aspen Clemons of Prosperity Indiana added:

“At a time of inflation and economic volatility, defunding the CFPB will cause the most harm to the Americans who can least afford it. Hoosiers simply cannot afford to lose more of their hard-earned money to increasingly sophisticated scams and fraud.”

The groups are calling on the Senate to reject any budget reconciliation package that includes language to cut the CFPB’s dedicated funding stream. This effort is not a routine belt-tightening maneuver—it’s an existential threat to the only federal agency solely dedicated to protecting consumers from predatory lenders, discriminatory financial practices, abusive debt collectors, and unfair credit reporting. The House planned to cut the CFPB budget by 70 percent and the Senate is trying to slice its budget to zero — although negotiations are still going on and the CFPB is still on the chopping block.

The stakes couldn’t be higher, especially in states like Indiana and Alaska, where Senators Todd Young, Jim Banks, Lisa Murkowski, and Dan Sullivan will cast critical votes in the coming days. Their constituents deserve protection, not a payday for corporate predators.

This isn’t fiscal responsibility. It’s a massive giveaway to corporate interests, paid for by the people least able to afford it. The time to act is now. Calling your Senator takes less than a minute, just ask Cat Farman. Check out her quick call to Senator Fetterman’s office by clicking below to see how easy it is.

Make your own call: Dial the Capitol switchboard at 202-224-3121 and urge your Senators to vote no on any reconciliation bill that defunds the CFPB. Tell them to protect consumers — not the corporations trying to rip them off.

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