This of course was created under President Barack Obama, the brainchild of down center Elizabeth Warren. Why do they hate it? Well, because they can't stand corporations being held to account. More than $10 billion has been returned to consumers since the CFPB was actually created. But folks like Russell Vaught, the acting director of the Consumer Financial Protection Bureau, as well as, uh, Trump's head of office, imagine Budget hates it. Hate it. (00:14–00:20)
CLAIM
Asserts that the Consumer Financial Protection Bureau has returned over $10 billion to consumers.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.