A Judge Rescued the CFPB From Being Dismantled. Is It Too Late for the Consumer Watchdog?

It might seem like a philosophical question, but this could be the CFPB’s final chapter.

But some of the damage has already been done.

Dismantling the CFPB could mean fewer consumer safeguards and looser banking regulations, experts warn.

Here’s what you’re free to do to protect yourself.

What happens if the CFPB is eliminated?

Relaxing regulations on banking industries is risky, especially asBNPL appsand peer-to-peerpayment servicesbecome more popular and competitive.

What options do you have if the CFPB is gone?

“They may also hit up the consumer-protection divisions of their state attorneys' general.”

you’re able to find your state’s attorney general on theNational Association of Attorneys Generalwebsite.

it’s possible for you to also file fraud and identity theft reports with theFederal Trade Commission.