Recommended Reading: New Consumer Bill

No rest for the weary… And no town hall to ask Glenn Thompson about this:

“A new bill aims to dismantle the powers of the Consumer Financial Protection Bureau, the independent watchdog that protects consumers and investors and has saved Americans almost $12 billion since it was created six years ago.

Supporters say the Financial CHOICE Act will undo the regulatory burdens that have harmed financial service companies and provide Congress with much-needed oversight. But consumer advocates insist the bill would eliminate the CFPB’s independence and greatly reduce its ability to regulate.”

(Source)

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