Consumer Protection in Crisis

This chapter explores the real-life financial struggles faced by consumers, particularly in the context of the Consumer Financial Protection Bureau's (CFPB) role and challenges. It highlights the political opposition the CFPB faces, especially during the Trump administration, and discusses contrasting viewpoints on its necessity and effectiveness. Through specific examples, the chapter examines the implications of undermining the CFPB and the broader ideological debates surrounding consumer protection in financial markets.