“[Donald] Trump and his appointees have done everything in their power to undermine the Consumer Bureau. Mick Mulvaney, who Trump installed to serve as Acting Director of the agency, dropped lawsuits and investigations into abusive payday lenders, took away the Office of Fair Lending and Equal Opportunity’s enforcement powers, fired the members of the agency’s Consumer Advisory Board, scaled back enforcement actions against bad actors, sought to slash the agency’s budget, and apparently made it his mission to help out bad actors,” said Congresswoman Maxine Waters.
Charlene Crowell

Will a New Consumer Bureau Director Heed the Agency’s Mission?

NNPA NEWSWIRE — What happens over the next five years will test the mettle of those who fought to create an agency given the mission to protect consumer finances against profiteers who argue that baseline protections for consumers are an unnecessary burden to business. […read more]

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Op-Ed

Black Consumers Remain Strong Supporters of Dodd-Frank

By Charlene Crowell NNPA Columnist   A recent consumer survey shows that support for financial regulation, including the Dodd-Frank Wall Street Reform Act and the Consumer Financial Protection Bureau (CFPB), is strong. Nearly five years after America’s financial meltdown, a nationwide summer survey of likely Read More

Op-Ed

We Won the Fight to Confirm Richard Cordray

by Charlene Crowell NNPA Columnist Life poses a series of challenges for individuals, families and communities. But every now and then, a real victory comes along that reminds us that what is fair and just will eventually prevail. That was the lesson of the two-year Read More