Blog

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras congue mi ac justo auctor vehicula. Donec fringilla, eros nec commodo sodales, neque tellus sollicitudin justo, vel semper massa dolor vel metus. Curabitur vitae nisl sit amet nisi pharetra sollicitudin a sit amet quam. Donec scelerisque nunc vitae massa vehicula mattis. Integer vel nunc turpis, ac volutpat sem. Nulla porta dui sed felis euismod eu consectetur felis dapibus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas.

What is the CFPB’s role in protecting consumers?

By | Gideon Weissman
Policy Analyst

The Consumer Financial Protection Bureau was created in the wake of the 2008 financial crisis with one mission: to protect consumers in the financial marketplace. But how exactly is it protecting consumers from mistreatment? We explain.

First Gambit in Tax Reform Debate a Threat to Taxpayers

By | Michelle Surka
Tax and Budget Advocate

The tax reform battle in Congress is looking to be a long, hard-fought one, but the president’s recent executive order shows that there may be no need to wait to start giving huge tax breaks to corporate giants. 

The Consumer Financial Protection Bureau (CFPB) is the first federal agency devoted to protecting consumers in the financial marketplace. In 2016, the CFPB held Wells Fargo accountable for unfair treatment of its customers.

In the 1990s, my grandmother lost $60,000 to a financial scammer who took advantage of her age and vulnerability. A lucky, and perhaps illegal, phone call from her bank flagged the problem to the family. Today, thanks to the Consumer Financial Protection Bureau, I think it’s likely the problem would be noticed and stopped sooner.

Pages

DEFEND THE CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

Support Us

Your donation supports U.S. PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code