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American consumers lose protections

February 12, 2025 by Guest Post

by Marilyn Wolff, Stevensville

The Consumer Financial Protection Bureau is now shuttered.  Approved by Congress in 2011 in response to the 2007-08 financial crisis, the worst since the Great Depression,the Bureau offered protection from unfair lending and   financial fraud. Americans could file a complaint which the Bureau investigated.  All activities have ceased and the agency defunded. The Bureau since its  inception has been successful in returning $17.5 billion in compensation to Americans. Ask yourself, how can this Bureau be closed without Congressional approval?

You can contact your congressman to voice your opinion.

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Filed Under: Opinion

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