NACA in the News: In Gift to Abusive Wall Street Firms, Trump CFPB Moves to Suppress Consumer Complaints

Common Dreams, In Gift to Abusive Wall Street Firms, Trump CFPB Moves to Suppress Consumer Complaints

“Christine Hines, senior policy director at the National Association of Consumer Advocates, suggested that presenting ‘only one side’ of an interaction that a consumer has with a financial institution is the point of the database. ‘As it shuts down narratives in the complaint database, this CFPB is disregarding its obligation to make the marketplace fair and transparent for everyday consumers, and instead, is helping big banks, lenders, debt collectors, credit bureaus, and others to evade public scrutiny and accountability,’ said Hines.”