Trump Is Poised to Dismantle the Consumer Financial Protection Bureau

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Trump Is Poised to Dismantle the Consumer Financial Protection Bureau
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The entrance to the Consumer Financial Protection Bureau headquarters building is seen on August 18, 2024, in Washington, D.C. while she was still a Harvard Law School professor, the Consumer Financial Protection Bureau was created by theof outgoing President Joe Biden, isn’t expected to stay at the CFPB, but Trump’s recent win hasn’t yet halted bold action at the agency.

The finance and banking industry is hugely profitable and powerful and don’t need help; the CFPB is the only thing that works on behalf of people that banks want more power to reama third term in the Senate earlier this month, is optimistic about the agency’s survival. “The CFPB is here to stay,” she told the.

After learning about the watchdog’s recent moves, 75% of voters across the political spectrum said they approve of the CFPB.“I can’t imagine that President Trump didn’t mean every single thing he said during the campaign,” Warrenon social media: “If Donald Trump really wants to take on the credit card industry, count me in. The CFPB will back him up.

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