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Expert Analysis

AGs Take Up Consumer Protection Mantle Amid CFPB Cuts

By Dustin McDaniel and Grace Garver ( June 13, 2025, 4:01 PM EDT) -- Since its inception in 2011, the Consumer Financial Protection Bureau has played a prominent role in regulating the financial services industry in the U.S. Supporters view the agency as a necessary watchdog to protect consumers from carefully hidden fees and deceptive terms that reap unfair profits for lenders, while critics argue that its broad authority has, at times, imposed regulatory burdens that restrict access to credit and hinder innovation....

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