The Consumer Financial Protection Bureau is one of the latest government agencies coming under attack by the Trump Administration. Virginia Democratic U.S. Senator Mark Warner says this agency protects Americans from bad acts by big banks. WFIR’s Denise Allen Membreno has more.
The consumer watchdog that investigated investigated the nation’s largest banks and companies, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and Walmart Inc, after the 2008 financial crisis could be dismantled by the Trump administration. As WFIR’s Denise Allen Membreno reports a group of Senators are taking legal action to save the Consumer Financial Protection Bureau.