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Here comes the latest race to the bottom in consumer finance

Summary by American Banker
With the removal of the CFPB as a viable regulator, President Donald Trump, Vought and their allies on the Hill are eviscerating consumer financial protection, and leaving consumers exposed.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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American BankerAmerican Banker

Here comes the latest race to the bottom in consumer finance

With the removal of the CFPB as a viable regulator, President Donald Trump, Vought and their allies on the Hill are eviscerating consumer financial protection, and leaving consumers exposed.

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American Banker broke the news in on Thursday, June 19, 2025.
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