Consumer Protection Panel Actually Wants to Deregulate Wall Street, Lawsuit Alleges

In October 2019, the Consumer Financial Protection Bureau—tasked with enforcing federal regulations on financial institutions—announced the creation of a new task force to conduct an “objective and independent evaluation” of current financial regulations. On Tuesday, the watchdog group Democracy Forward filed a lawsuit against the CFPB, alleging that the bureau has intentionally stacked the task … Continue reading Consumer Protection Panel Actually Wants to Deregulate Wall Street, Lawsuit Alleges