Under Trump’s CFPB, Consumer Protections Take a Backseat as Corporate Interests Prevail

In a troubling trend that raises serious questions about the Consumer Financial Protection Bureau’s commitment to American families, the Trump administration has systematically reversed critical consumer protections enacted under President Biden. With nearly six months at the helm, the CFPB leadership appears more focused on shielding powerful corporations than defending hardworking Americans from deceptive financial practices. Are Consumers Being Left Behind While Corporations Regain Power? The CFPB once stood as a bulwark to protect ordinary Americans from unfair banking fees and fraudulent schemes. However, under Trump’s watch, cases against some of the nation’s largest financial players have been dropped—often without...