“But He’ll Be Great for the Economy!”
Opening Arguments
Rise and Resilience of the CFPB
This chapter explores the origins and impact of the Consumer Financial Protection Bureau (CFPB), established to safeguard consumers from financial exploitation post-housing crisis. It examines the bureau's challenges, particularly during the Trump era, and its notable achievements in returning billions to consumers while maintaining bipartisan support. Additionally, it delves into the CFPB's unique funding structure, discussing how it shields the agency from political influences and the broader implications for consumer protection.
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