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Sean Casten: “For every dollar that the CFPB spent, it returned $3 to…”

Featuring: Sean Casten, Democratic | U.S. House Illinois, 6th Congressional District

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Sean Casten Rains Down Shame On Russell Vought In Tense Hearing

Published | Video Starts at 03:11

All of those cases that were dropped were data. You said a moment ago that the CFPB is a net cost to society. But you know that For every dollar that the CFPB spent, it returned $3 to consumers. You claim to be a fiscally responsible guy. How does abandoning efforts to provide billions of dollars in financial remedies and just turning this agency into a net cost consumer, how does that help consumers? (03:11–03:17)

CLAIM

Asserts that the CFPB returned $3 to consumers for every dollar spent.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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