The new Consumer Financial Protection Bureau (CFPB) is set up to ensure that existing laws are enforced that protect you from deceptive and unfair banking practices, and from invasions of privacy. For years, many of those laws have gone unenforced because consumer protection was not a priority for the government. The CFPB will make consumer protection a priority, and the CFPB will report directly to the President of the United States. Because the CFPB is brand new, it is currently asking the public for input into what consumer problems it ought to prioritize. U.S. PIRG is recommending:
Use the form below to share with CFPB Director Richard Cordray what you think their priorities ought to be.
Dear CFPB Director Richard Cordray,
Congratulations on your appointment as first Director of the Consumer Financial Protection Bureau. Here are some of my thoughts on what the Bureau ought to prioritize in order to best protect consumers (Docket No. CFPB-2012-0007):
Sincerely,[Your Name] [Your Address] [City, State ZIP]
If you take action and have not already registered, you will receive periodic updates and communications.
UNITED STATES PUBLIC INTEREST RESEARCH GROUP
44 Winter Street, 4th Fl. • Boston, MA 02108
FEDERAL ADVOCACY OFFICE:
218 D Street SE, 1st Fl. • Washington, DC 20003