To: The United States House of Representatives and The United States Senate
Dear 114th Congress: Stand Up to Wall Street
Some of the very first acts of the 114th Congress have been directed against the Consumer Financial Protection Bureau and the reforms of the Dodd Frank Act. We are alarmed by these attacks. This is not an agenda that America voted for.
We call on you to reject any changes that would weaken the CFPB's ability to continue protecting millions of Americans from financial scams and predatory lenders, including alterations to the agency’s leadership structure, funding, or regulatory authority. We urge you to take a strong stand for, not against, the cause of a fairer, more transparent and safer financial system.
Why is this important?
The great majority of Americans, regardless of party, want the rules governing Wall Street and financial companies to be tougher, not weaker. We are thankful for the existence of a financial oversight agency with a mandate to put the interests of borrowers and consumers ahead of the power and profits of Wall Street and the big banks.
Congress needs to hear from us!