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Commentary: Court ruling forces No. 47’s administration to restore CFPB funding

Charlene Crowell, a senior fellow with the Center for Responsible Lending, highlights how the current administration’s efforts to defund or undermine the Consumer Financial Protection Bureau (CFPB) hurt working families while protecting Wall Street and corporate interests. Court rulings have now forced the administration to restore CFPB funding, reinstate employees, and resume its oversight work, which prevents billions in consumer losses from predatory financial practices.

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