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
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Updates
Press Release: Nearly 100 Groups Are Standing Up for a Strong, Robust, and Independent CFPB
Today a coalition of 81 national and state civil rights, community, consumer protection, and other advocacy organizations, called on Congress to affirm the dedicated funding and the single independent director structure of the Consumer Financial Protection Bureau (CFPB).
AFR in the News
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Senator Dick Durbin: Durbin Introduces Bill To Create Interagency Committee To Expand Oversight On For-Profit College Industry
The bill has earned support from the American Federation of Teachers, Americans for Financial Reform, Center for Responsible Lending, Complete College America, National Association for College Admission Counseling, National Consumer Law Center (on behalf of its low-income clients), National Education Association, New America, Protect Borrowers, The Education Trust, The Institute for College Access & Success,…
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Congressman Brad Sherman: Sherman, Sen. Elizabeth Warren & 160 Lawmakers Introduce Direct File Act to Guarantee Free, Easy Tax Filing for Americans
Endorsing Organizations (115) – Public Citizen, Americans for Tax Fairness, Economic Security Project Action, Groundwork Collaborative, AFL-CIO, American Federation of Teachers (AFT), American Federation of State, County and Municipal Employees (AFSCME), Service Employees International Union (SEIU), Communications Workers of America, Americans for Financial Reform…
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Credit and Collection News: Nearly 100 Groups Are Standing Up for a Strong, Robust, and Independent CFPB
“Wall Street and Silicon Valley would like nothing more than to take down the agency that safeguards the financial security of everyday families and make it easier to rip people off without consequences,” said Tom Feltner, associate director of consumer policy at the Americans for Financial Reform. “The CFPB needs the funding and independent leadership…
