The CFPB has effectively fulfilled its mission to protect consumers from unfair, deceptive, and abusive practices in financial markets.
Bill Foster: “The CFPB has effectively fulfilled its mission to protect consumers from unfair, deceptive, and abusive practices in…”
Editor's note · Context
Foster defends the CFPB's role in consumer protection despite ongoing criticism.
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I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.
I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…





