Consumer Financial Protection Bureau under Trump Administration

SOURCE www.npr.org
The Consumer Financial Protection Bureau may undergo changes under the Trump administration.

Key Points

  • Changes in leadership and policy direction
  • Review and potential rollback of existing regulations
  • Shift in focus towards deregulation

Pros

  • Potential for increased efficiency and reduced regulations
  • Alignment with administration's economic policies

Cons

  • Risk of reduced consumer protection
  • Possible weakening of enforcement actions