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CFPB Shutdown Leaves Service Members Vulnerable to Financial Scams
Democratic senators criticized the suspension of the Consumer Financial Protection Bureau (CFPB), arguing that it leaves service members vulnerable to financial scams, citing a $470 million loss to fraud in 2023 and $183 million returned to victims through CFPB enforcement actions since 2011.
CFPB Shutdown Leaves Service Members Vulnerable to Financial Scams
Democratic senators criticized the suspension of the Consumer Financial Protection Bureau (CFPB), arguing that it leaves service members vulnerable to financial scams, citing a $470 million loss to fraud in 2023 and $183 million returned to victims through CFPB enforcement actions since 2011.
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