The CFPB has recovered over $21 billion for consumers, faces criticism but has broad voter support.

The Consumer Financial Protection Bureau (CFPB), created in 2010, has recovered over $21 billion for consumers and canceled debts for millions. Despite criticism from billionaires like Elon Musk and Marc Andreessen, the CFPB enjoys broad support from voters of both major political parties. The bureau enforces laws against financial fraud and is expanding its oversight to digital payment apps.

3 months ago
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