FOR IMMEDIATE RELEASE: May 14, 2026
CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org
AFR Applauds Senate Democrats’ Push to Block the Rollback of Key CFPB Protections
Senate Majority Voted to Roll Back Protections for Servicemembers, Medical Debt, Overdraft, and Other Safeguards
Washington, D.C– Yesterday evening, Senator Elizabeth Warren and other Senate consumer protection champions forced a series of votes to block the rollback of 20 key Consumer Financial Protection Bureau (CFPB) safeguards. These protections were withdrawn by Trump appointee and Project 2025 author Russell Vought after taking control of the CFPB last year. The votes were largely along party lines, with the Senate Republican majority blocking every single measure’s passage.
“We applaud Senator Warren and Senate Democrats for working to protect people’s homes, privacy, and financial opportunities and opposing the Project 2025 agenda to dismantle the CFPB and let corporations and big tech companies write their own rules,” said Tom Feltner, associate director of consumer policy at Americans for Financial Reform. “We also thank those Republican Senators who voted, unsuccessfully, to protect servicemembers from predatory lending and prevent unfair and often illegal medical debt collection.”
Following the Senate votes, House Democrats, led by House Financial Services Committee Ranking Member Maxine Waters, introduced House versions of many of the resolutions voted on in the Senate.
Resources:
AFR and Protect Borrowers Fact Sheet on Senate Effort to Roll Back Attacks on CFPB
Democrats Take Over Senate Floor to Force Votes to Reverse Trump Attacks on American Consumers
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