The Glory Days of Elizabeth Warren’s CFPB Are Numbered
‘Wall St banks & their @GOP friends are already licking their chops to undercut the @CFPB.’ —@SenWarren
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On Nov. 9, Senator Elizabeth Warren paid a visit to the headquarters of the Consumer Financial Protection Bureau in Washington, the agency she helped create before she got to Congress.
The Massachusetts Democrat’s meeting with CFPB staffers had been scheduled before the election. Taking in the surprise result, Warren offered a sobering description of the uncertainties that lay ahead for the young agency with Republicans in control of both the White House and Congress, according to people familiar with her remarks. She told the staffers she would fight against any attempts to change the agency’s structure or funding, or any of the rules the regulator was working on.