Dear Morris,
Thank you for contacting me about your support for the Consumer Financial Protection Bureau. I share your views.
The CFPB was created by the Dodd-Frank Wall Street Reform Act to give consumers the information they need when making financial decisions and to promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services. Our shared desire to protect working families is why I strongly supported and am involved with the implementation of Wall Street Reform.
A number of bills have been introduced to weaken or eliminate the CFPB’s ability to regulate consumer financial products and services. While it is important that Congress exercises appropriate oversight over the CFPB, I will continue to ensure that the agency can accomplish its mission of representing the needs of consumers, families, and small businesses.
Thank you again for contacting me. Please continue to keep me informed about issues of concern to you and your family.
Sincerely,
Debbie Stabenow
United States Senator
United States Senator
Thank you, Senator Stabenow.
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