Stand Up For The Consumer Bureau
The White House and U.S. Congress
When banks steal our money, the Consumer Financial Protection Bureau fights to get it back. The Bureau has returned nearly $12 billion to over 29 million Americans scammed by their financial firms. And they have also taken important strides to fight discrimination in lending of all kinds.
If you’re a person of color taking out a car loan, odds are you’ll pay a significantly higher interest rate than you would if you were white. Since 2013, the Consumer Bureau has begun to tackle this long-neglected, well-documented problem with enforcement actions against car lenders who broke the law. The CFPB also stood up for the LGBTQ community by making it clear that it’s illegal to deny credit to people based on their sexual orientation or gender identity.
Despite -- or perhaps because of -- this good work, Wall Street, predatory lenders, and their friends in Congress and the Administration have big plans to gut the Bureau. We have to fight back against this assault on the agency standing up for customers who’ve had their money stolen by financial firms. Let them know you’re watching!
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To:
The White House and U.S. Congress
From:
[Your Name]
The Consumer Financial Protection Bureau has done crucial work to safeguard Americans against the deceptive and abusive practices of big banks, student loan servicers, credit card companies, and predatory lenders. Congress must protect this important work, not seek to grind it to a halt by gutting its funding, hamstringing its independence, or seeking to unseat the Bureau’s hard working Director, Richard Cordray.