Save the CFPB
Protect our financial watchdog!
After the 2008 bank-fueled economic crash, consumers helped
establish an independent financial watchdog to protect their money
from predatory institutions and scammers.
Despite returning $21 billion to consumers in the past fifteen
years, this watchdog is under attack. Congress and the current
Administration have blocked – or are attempting to repeal – several
pro-consumer protections:
Rights we've lost
Rights we're defending
• Credit card & bank
overdraft fee limits
• Data broker
restrictions
• Fraud protection requirements
• Medical debt credit reporting ban
What's more, the agency has changed
directions, leaving consumers vulnerable to fraud and scams by
dramatically scaling back its oversight and enforcement actions.
The administration is trying to fire 90% of the CFPB
workers dedicated to protecting your money. CFPB opponents in
Congress are determined to slash its budget as part of the upcoming
reconciliation package.
It's vital that our representatives
hear directly from you to let them know
you want a strong financial watchdog — not a big bank lapdog.
Contact your electeds:
51,339 members have called or sent emails
Share Your Story
Hear how the CFPB has helped consumers like Barbara and Pete
Has our consumer financial watchdog helped you?
Your real-life stories will help us push Congress to stand up for a strong financial watchdog and tough, pro-consumer rules. And if you have issues with your bank or other financial products that you want to bring to the CFPB’s attention, please share them with us!
The Latest CFPB News
from Consumer Reports
Cutting the
consumer watchdog keeps billions from
Americans
By Phil Radford, CR President & CEO for Salon.com
The
Dismantling of a Financial Watchdog Is Already Harming
Consumers—and Worse May Be to Come
By Derek Kravitz, Deputy Editor
The
Consumer Financial Protection Bureau Is Being Told to
Stop Its Work. 5 Ways That Could Impact Consumers Like
You.
By Derek Kravitz, Deputy Editor
Other Ways to Get Involved
Write a Letter to the Editor
Write a Letter to the Editor of your local news source.
Follow our
step-by-step guide to help you get started.
940 members have committed to this action
Meet with your Representatives
Go solo or with a group – we can help you coordinate and find members in your community to attend with you.
Support Our Work
Your tax-deductible donation helps fund our
bold campaigns, as well as Consumer Reports' research, testing and
investigative journalism. We are an independent nonprofit, and your
support helps us fight for a fair, just and safe marketplace for
your family.