The Battle for the Future of the CFPB Is Being Waged in an Aggressive Fashion

Pete Marovich via Getty Images

The Battle for the Future of the CFPB Is Being Waged in an Aggressive Fashion

Feb, 1st 2017

Democrats and consumer groups are stepping up their efforts to defend a federal consumer watchdog that has come under increased attack since the election.

Several Republicans have intensified their efforts to weaken the Consumer Financial Protection Bureau over the last couple of weeks by calling on Trump to fire its director, Richard Cordray, who they claim has too much power over businesses as the head of the independent agency. In response, Democrats and consumer groups have touted the director’s track record of cracking down on big banks and corporations accused of misleading...

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