Trump’s Consumer Banking Lapdog Could Take Complaints Database Offline - FORECLOSURE FRAUD

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Trump’s Consumer Banking Lapdog Could Take Complaints Database Offline

Trump’s Consumer Banking Lapdog Could Take Complaints Database Offline

NBC-

Taxpayers have until midnight tonight to share concerns about an end to public access of a consumer banking complaint database — the latest in a series of moves by the Trump Administration to dismantle the Consumer Financial Protection Bureau.

That watchdog agency, also known as the CFPB, was created in the aftermath of the 2007 – 2008 financial crisis.  It takes and reviews complaints from consumers against banks, lenders, and other financial institutions.  In some circumstances, the CFPB has levied fines and other punishments against banks for anti-consumer practices.

A public database of consumer complaints can be viewed on the CFPB website.  It currently lists more than 1 million complaints — with more than 8,000 of those originating in the Bay Area.

[NBC]

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