Protection of individual consumers isn t the only reason Americans should care about a strong, independent Consumer Financial Protection Bureau..Currently there is about $. trillion of delinquent consumer debt, and many people who fall behind on their debt payments lack the resources to protect themselves from predatory collection behavior, which can lead them to make financial decisions without having all the facts. One in five Americans over .In the aftermath of the financial crisis, the U.S. Congress created the Consumer Financial Protection Bureau, or CFPB, as part of the Dodd Frank Wall Street Reform and Last November, a Wall Street Journal editorial stated that "by all rights the bureau should be killed" and called it a "rogue agency..I APPRECIATE YOUR STRONG INTEREST IN CONSUMER COMPLAINT FILINGS. , Richard Cordray. YOU VE HAD MORE THAN A MILLION FILED. HAVE YOU GOTTEN ANY ROUGH BREAKDOWN HOW MANY OF THOSE COMPLAINTS HAVE BEEN AGAINST COMMUNITY BANKS? >> WE DON T ACTUALLY .
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