I’m writing to ask you to fight to protect the Consumer Financial Protection Bureau by opposing the TABS Act!
The CFPB is very popular with voters across the ideological spectrum, including Independents and rank and file Republicans. Wall Street needs oversight and the CFPB has returned over $13.5 billion to consumers. It’s out there every single day working on behalf of American families.
America needs a strong and independent CFPB fulfilling its mission to protect consumers from illegal and predatory practices and other harm caused by Wall Street corporations that are all too willing to break the law.
Republican Rep. Andy Barr’s bill, the Taking Account of Bureaucrats’ Spending Act, also known as the TABS Act, would replace the CFPB’s independent funding mechanism, which other banking regulators also have, with annual appropriations by Congress. Republicans want to starve the agency into submission.
As your constituent, I call on you to publicly oppose and vote against the TABS Act and defend the independence of the Consumer Financial Protection Bureau now.
I look forward to your response on this issue.
First sent on March 1, 2023 by Jess Craven
