The only reason that corporations and their enablers have singled out the CFPB is because the agency doesn't do their bidding.

OK. So it is not an end to late fees. The rule just lowers the maximum amount the credit card companies can charge...

No surprise, the bank lobby is unhappy about this...

So each year credit card companies squeeze billions of dollars in fees out of American consumers...

That is going to mean 22.8 million consumers will have at least one medical collection removed from their credit reports.

The CFPB is helping root out junk fees, and because of that Americans are going to keep a little bit more money in their pockets.

I have joined my colleagues in signing the amicus brief supporting the CFPB against attacks that undermine the Bureau's ability to fight on behalf of families.

But it is clear that the big banks are not interested in being reasonable under these circumstances.

Make no mistake. These overdraft reforms and the $5.5 billion in savings would never have happened without the Consumer Financial Protection Bureau.

The CFPB is helping root out junk fees, and because of that Americans are going to keep a little bit more money in their pockets.

The only reason that corporations and their enablers have singled out the CFPB is because the agency doesn't do their bidding.