Bank CEOs Attempt to Weaken the Consumer Financial Protection Bureau

You’ll never guess who’s going around Washington, trolling the halls of Congress, talking about the importance of protecting the long-term health of the Consumer Financial Protection Bureau.

The banking industry.

That’s right: After years of trying to kill, then delay, and then defang the agency, the banking industry and their Republican friends in Congress have launched a new effort to attract Democratic support for their latest attack by claiming that they just want to help the agency and the consumers it protects. Surely Democrats will not be taken in by yet another attempt to weaken the CFPB… Read more…

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