Protect American consumers from financial fraud and abuse

July 21, 2017 | | Univision |

Without the Consumer Financial Protection Bureau, lenders preying on communities of color would continue to pull in windfall gains, while widening the racial wealth gap and undermining the precarious financial stability of vulnerable households. But if the financial industry’s motives for attacking the CFPB are clear, so is the American public’s interest in having a strong federal watchdog dedicated to ensuring a fair financial marketplace for consumers. The people’s interests should win.