I’m writing in strong opposition to the Trump Administration’s attacks on the Consumer Financial Protection Bureau. In seeking to “shut down” CFPB, President Trump wants to eliminate the agency that protects Americans from unfair, deceptive, and abusive corporate practices, giving even more power to his corrupt billionaire friends serving as top advisors.
Following the 2008 crisis, millions of families lost their jobs, homes, and entire life savings. All the while, the wealthy executives responsible for the crisis rewarded themselves handsomely with excessive pay and bonuses. This is precisely why the Consumer Financial Protection Bureau was created. Unfortunately, what we are seeing right now from the Trump Administration is the culmination of a 15-year effort to systematically and illegally block the agency from doing crucial work to take on the megabanks and predatory lenders that are ripping off hard-working Americans. It’s really, really enraging.
I want you to make protecting the CFPB a top priority. Remember, all of you work for us. Protecting Americans from getting ripped off should be a top priority, not something you let an unelected Ketamine addict do on his lunch break. Thanks.