Regulating Consumer Protections

This chapter examines the crucial role of the Consumer Financial Protection Bureau (CFPB) in safeguarding consumers against financial institutions and highlights its success in recovering funds lost to bank misconduct. The discussion reflects on potential conflicts of interest regarding regulatory oversight and emphasizes the historical context of antitrust laws in ensuring fair competition and protecting democracy. Additionally, it addresses the ongoing challenges posed by monopolies and the need for vigilant enforcement to preserve market integrity and consumer rights.