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The CFPB: Protecting Consumers Amidst Turmoil
This chapter explores the origins and importance of the Consumer Financial Protection Bureau (CFPB), established to safeguard consumers following the 2008 financial crisis. It addresses the challenges faced by the Bureau, including potential conflicts of interest, administrative turmoil, and concerns over data privacy. The conversation further examines the ongoing debates surrounding the agency's efficiency and existence in the current political landscape.