Press Release
New York and the Nation Benefits From the CFPB’s Ongoing Role in Consumer Protection
Over the past four years, the Consumer Financial Protection Bureau (CFPB) has been a vital safeguard for consumers, particularly those burdened by medical debt and student loans. Through robust enforcement actions, oversight of predatory financial practices, and protections against abusive debt collection, the CFPB has helped millions of Americans navigate financial hardships and hold bad actors accountable.
This important role of elevating the concerns of American consumers over industry must continue.
To that end, we hope the new federal administration will commit to appointing someone to lead the agency who will be singularly focused on protecting consumers in the financial marketplace and the enforcement of federal consumer financial laws.