The Consumer Financial Protection Bureau (CFPB)
is an agency of the United States government responsible for consumer protection
in the financial sector. CFPB jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies operating in the United States.
The Democratic party
backs and supports this very popular agency.
The Republican party
opposes the very existence of this popular agency.
The Republican congress
has continued to try to either abolish this popular agency or greatly weaken this popular agency.