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The Future of the U.S. Consumer Financial Protection Bureau

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Consumer Financial Protection Bureau
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Wikimedia Commons
Director of the US Consumer Financial Protection Bureau Richard Cordray, former Ohio Attorney General, speaking at a public session of the bureau's Consumer Advisory Board in Little Rock, Arkansas in 2016.

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.

Guests:

 

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