From Colorado. Mr. President. The consumer Financial Protection Bureau is at its core a law enforcement agency. Congress established the CFPB 15 years ago to protect Americans from fraud, from getting ripped off by banks and credit card companies, financial institutions. And today's Republican led resolution weakens the CFPB's ability to protect consumers as part of a broader effort by the administration to shut down consumer protections entirely. (00:09–00:22)
CLAIM
Asserts that Congress created the CFPB 15 years ago to protect Americans from financial fraud.
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