It is critical that the Federal Reserve remain vigilant in protecting this economy.
Editor's note · Context
Waters emphasizes the importance of the Fed's role in economic protection.
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I am very pleased with President Biden's initiative to eliminate junk fees, as well as all the hard work of the Consumer Financial Protection Bureau under the leadership of Director Chopra to do their part in this initiative.
The CFPB has ordered institutions like Navy Credit Federal Union, Regions Bank, and Atlantic Union to refund millions of dollars to customers who've been harmed by the bank's illegal surprise overdraft fees.
Thank you, Mr. Chairman, for your consideration on this effort, and I am looking forward to it.
Musk's takeover of the CFPB is a five-alarm crisis and a frightening violation of millions of Americans' data privacy.





