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Why Americans should care about the Consumer Financial Protection Bureau

Computer chips on credit cards

Makada Henry-Nickie, a David M. Rubenstein Fellow in Governance Studies and formerly a senior analyst with the Consumer Financial Protection Bureau (CFPB), says that in the six-year history of the CFPB, its work has resulted in $12 billion in refunds and cancelled debts to more than 29 million consumers. As a battle over the agency’s leadership unfolds, she says “the bureau’s work has never been more mission critical.”

Related content:

Trump exerts executive power in Consumer Financial Protection Bureau leadership battle (new 5 on 45 episode with John Hudak)

A Conversation with Richard Cordray, Director of the Consumer Financial Protection Bureau

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