Consumer Coalition Urges House Panel to Reject Bill that weakens the CFPB
Over 70 Consumer Organizations urge the House Financial Services Committee to oppose the dangerous package of bills titled the “CFPB Transparency and Accountability Reform Act” that threaten the Consumer Financial Protection Bureau’s(CFPB) funding, organizational structure, and its ability to monitor the marketplace by impeding their rulemaking functions. This package would irreparably harm the CFPB’s effectiveness and ultimately consumers.
