Trump and DOGE’s Attacks on CFPB Will Help Financial Industry Prey on Consumers

In the wake of the 2008 financial crisis, the destructive impact of predatory lenders on the well-being of individual borrowers and the health of the broader economy became increasingly clear. In response, a growing number of political figures, led by Sen. Elizabeth Warren, pushed for the creation of an agency that would represent consumer interests against predatory finance. The agency sought to…

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