Especially active in 2022, CFPB fined banks, stopped shoddy companies, returned money to consumers, launched a junk fees initiative, and processed consumer complaints
March 20, 2023
One of the best consumer actions in recent years is the creation of the Consumer Financial Protection Bureau in 2011. Established after the Great Recession of 2007-08 to set up one federal agency to help consumers with their financial issues, the CFPB has made great strides in improving the position of consumers in the marketplace. Read more →