MarketWatch: Republicans might make this major change to the CFPB

MarketWatch: Republicans might make this major change to the CFPB . “It has been a chaotic week at the Consumer Financial Protection Bureau, with two leaders battling for control of the organization. The outcome of the fight could have big implications for consumers — and the complaints they make to the watchdog agency. Advocates worry President Donald Trump’s pick to head the watchdog agency could neuter one of its most high-profile assets: a database of hundreds of thousands of complaints filed by consumers about issues ranging from predatory debt collectors to errors on credit reports. Republicans have argued that the database shouldn’t be public, while consumer advocates say the public list of complaints is an important tool for consumers.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s