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Helaine Olen

Managing editor at the American Economic Liberties Project and contributing columnist at MSNBC, expert in financial markets and consumer protection.

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Feb 11, 2025 • 24min

Why Trump Wants To Shutter The Consumer Financial Protection Bureau

Helaine Olen, managing editor at the American Economic Liberties Project and contributor to MSNBC, discusses the alarming actions of the Trump administration against the Consumer Financial Protection Bureau (CFPB). She highlights how this agency, founded after the 2008 crisis, has protected consumers from predatory practices by recovering billions and regulating financial entities. Olen warns of the chaos for everyday Americans if the CFPB is dismantled and emphasizes the crucial need for robust consumer protections in an evolving financial landscape.