The Future of the U.S. Consumer Financial Protection Bureau
In Washington this week, the US Senate voted to kill a rule adopted by the Consumer Financial Protection Bureau that allowed Americans to join class-action lawsuits against financial institutions such as banks and credit card companies. Richard Cordray, CFPB director and former Ohio Attorney General, called the vote "a giant setback for every consumer in the country."
Today, we look at the future of the CFPB under the Trump administration's deregulation agenda.
- Jack Torry, Washington Bureau Chief, The Columbus Dispatch
- John Berlau, senior fellow, Competitive Enterprise Institute
- George Slover, senior policy counsel, Consumers Union