The dismantling of the CFPB is one of the BEST things Trump has done so far. You should applaud this, not criticize this, Congresswoman.
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Right. Because banks and financial institutions don't make enough money already off the backs of the 99%. We must further protect them and their corrupt practices to ensure their already record high profits are even higher.

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You've been given misinformation. The CFPB is completely unnecessary and some argue unconstitutional. It adds unnecessary regulatory costs unto banks and accomplishes nothing good for anyone. The Banks have to pass these costs unto consumers making their services more expensive.
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Tell that to the thousands upon thousands of Wells Fargo customers that were screwed over. Financial institutions did such a fine job of policing themselves that we ended up with a financial meltdown in 2008 as a result. Round 2 will be here before you know it at this rate.
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I agree with you 100%. But guess what: Too Big To Fail Banks like Wells Fargo LOVE Dodd-Frank & the CFPB. Why? Because it helped them eliminate their competion (small community banks). Before DF there were 6,000 banks. Now only 4,000. And the giant banks like WF are bigger!
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The small community banks had NOTHING to do with the financial meltdown. They are the engine that drives small business. But DF penalized them for the crimes of the giant banks. And the giant banks are even MORE powerful.
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There were carve outs in DF for small banks. Consolidation has been the biggest culprit in the reduction of smaller banks. And this will only get worse as the recent deregulations will lead to fewer community banks as M&A's are set to pick up pace as a result.
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Yeah, the politicians that passed & support DF talk abt the small bank 'carve outs' but that's a bunch of BS. Talk to any small banker if you want the truth. And look which pols are funded by the giant banks. Those pols are bought and paid for and they are NOT for the little guy.
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Trump's administration is a cruel & abusive group picked bc they are exactly that. It seems as if the are trying to bring down our great country!
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What are you going to do?
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