They rip people off to the tune of tens of billions of dollars a year, punish people for not being rich with higher fees and higher rates, and worsen the racial wealth gap. The Consumer Financial Protection Bureau was created to stop this kind of abusive corporate behavior, and to hold financial companies accountable when they break the law.
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Updates
Dodd Frank 15 Years Later: Public Interest Rules for Finance Under Attack
The Dodd-Frank Wall Street Reform and Consumer Protection Act marks its 15th anniversary this week. This milestone is an opportunity to reflect on the critical role of effective financial regulation in creating a fairer economy that allows people and communities to flourish. We need it to protect people from day to day abuses that make…
AFR in the News
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In the News: Hardly Workin’
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In the News: GOP targets Treasury’s risk-watching data hub (Politico)
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In the News: Trump’s CFPB drops more than half of all pending litigation
“”Dropping cases like this against Heights Finance, where a predatory lender was picking the pockets of working class people, signals that it’s okay to pick on the little guy,”” Zinner said.
In the News: Hardly Workin’
