Consumers Union: Americans Deserve A Financial Watchdog Not A Big Bank Lapdog

CFPBAd Politico thumb 650x904 50615 359x500 Consumers Union: Americans Deserve A Financial Watchdog Not A Big Bank Lapdog

Credit card rip-offs. Shady mortgages. Confusing fine print. For too long big banks and financial institutions have gone unchecked while average Americans paid the price. Fortunately, the Consumer Financial Protection Bureau was created to protect consumers and stop deceptive financial practices. But right now some in Congress are teaming up with banking industry lobbyists to weaken the CFPB before it even gets off the ground. America can’t afford for that to happen.

via The Consumerist.

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