Thursday, March 28, 2024
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Tags Low-income neighborhood

Tag: low-income neighborhood

Consumer Financial Protection Bureau, a government agency that actually listens

The Consumer Financial Protection Bureau was created five years ago by the Dodd-Frank financial reform law to be a “cop on the beat” to protect consumers in their dealings with banks, credit card companies and other financial firms. The CFPB clearly takes its job seriously. Some members of Congress who take their marching orders from Wall Street have been trying to weaken CFPB ever since it was created, but happily they haven’t succeeded.