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.
Advocacy
Resources
-
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
-
Nerdwallet: The CFPB Is Still Standing … Barely. But Is It Doing Anything?
“We are at a pivotal moment for all that was, all that has been and what could be…The CFPB has done tremendous work since its inception.” -Amanda Jackson, AFR
-
In the News: Hardly Workin’
The Consumer Financial Protection Bureau is on life support, and consumer scam complaints are surging as a result… “Keeping the complaints database public-facing is critical for public accountability, and will help state regulators and the public continue to keep an eye out for patterns of misconduct and abuse,” Christine Chen Zinner, senior policy counsel for…
-
In the News: GOP targets Treasury’s risk-watching data hub (Politico)
Republicans in Congress are looking to dismantle a small but powerful government research office that was tasked with detecting risks lurking across the financial system in the wake of the 2008 crisis… Patrick Woodall, managing director for policy at Americans for Financial Reform, said slashing the research office would cut off “unique modeling and monitoring…
In the News: Hardly Workin’
