Tell Congress: Defend CFPB's Mission to Protect Consumers
The “reconciliation” bill represents the latest attempt to eviscerate the CFPB and hobble its ability to protect consumers when they are wronged by Wall Street banks and cheated on Big Tech payment apps.
The gravity of the attack cannot be overstated, the bill would slash CFPB funding by 70% and effectively eliminate a penalty fund that provided over $1 billion to people, including servicemembers abroad, who were harmed by companies that went out of business or had no funds to compensate their victim.
It is critical that consumers and advocates reach out to their elected representatives, to urge them to reject the reconciliation bill and uphold the essential role of the CFPB in protecting people from unfair, deceptive, and abusive financial practices.
Customize and send a message to your members of Congress today!