Since we passed the Dodd-Frank Act that created the CFPB back in 2010, the CFPB has effectively fulfilled its mission to protect consumers from unfair, deceptive, and abusive practices in financial markets, despite coming under continual attack.
Foster defends the CFPB's effectiveness since its creation amid ongoing criticism.
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We must instill transparency and accountability. We must protect American innovation from the political whims of unelected bureaucrats.
I take it that you are familiar with this graphic from Bloomberg that shows you lagging significantly behind your three predecessors in terms of the number of rules you finalized in the first 2 years of your tenure?
If you find you need any specific encouragement from Congress, I think there will be bipartisan support for that.
over 82 percent of Americans and 77 percent of Republicans support the mission of the CFPB.
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