AI SAFETY & ETHICS
CDT Criticizes Downsizing of the Consumer Financial Protection Bureau
Center for Democracy & Tech
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CDT recently joined a letter criticizing the downsizing of the CFPB, the kneecapping of their enforcement and policy initiatives, and narrowing their enforcement scope. The CFPB used to play a significant role in protecting people from harmful and predatory bank practices, but the new CFPB will be exercising “enforcement restraint,” something no one, except banks,