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will republicans be able to dismantle the consumer financial protection bureau?

will republicans be able to dismantle the consumer financial protection bureau? News Article With The full text news and with Resource Link at the bottom of the text and you can View this News Article in the source page.



will republicans be able to dismantle the consumer financial protection bureau?

by mallory e. sorelleby mallory e. sorellefebruary 13 at 6:00 amthe white house and the consumer financial protection bureau are at odds over who should lead the watchdog agency, and what its role should be. (jenny starrs/the washington post)since november, the trump administration has taken steps to overhaul the consumer financial protection bureau (cfpb) — the obama-era consumer watchdog agency that democrats created after the global financial crisis to monitor american consumers’ financial interests.based largely on a proposal from then-harvard law professor (and now u.s. senator from massachusetts) elizabeth warren, the cfpb acted aggressively in its first five years. it handled nearly 1 million consumer complaints, its enforcement actions returned nearly $12 billion dollars to 27 ...