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

Statement: Trumpโs Latest Front to Take Down the CFPB
FOR IMMEDIATE RELEASE: November 19, 2025 CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org Trumpโs Latest Front to Take Down the CFPB Statement ofย Patrick Woodall, Managing Director of Policy at Americans for Financial Reform: As Russel Vought approaches the 210 day deadline to serve as the acting temporary director of the Consumer Protection Financial Bureau (CFPB), President Trump is
AFR in the News
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Senator Kirsten Gillibrand: Gillibrand Introduces Legislation To Better Protect Consumers And Crack Down On Abusive Practices In The Buy Now, Pay Later Industry
This legislation is endorsed by the National Consumer Law Center (on behalf of its low-income clients), Americans for Financial Reform, and the Consumer Federation of America.
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PIRG: We are carrying forward a legacy of consumer advocacy with results.
Ed has served on the boards of Americans for Financial Reform, Consumer Federation of America, Consumer Reports, Flyers Rights, and the Transatlantic Consumer Dialogue, an international forum he co-founded with U.S. and European consumer advocates.
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Senator Jack Reed: Reed & Ross Intro Bicameral Proposal to Better Protect Consumers & Crack Down on Abusive Practices in the Buy Now, Pay Later Industry
This legislation is endorsed by the National Consumer Law Center (on behalf of its low-income clients), American for Financial Reform, and the Consumer Federation of America.





