15 years ago, after Wall Street’s reckless bets crashed our economy, we enacted the Dodd-Frank Act—a step to rein in big banks and prevent working families from once again paying the price. Dodd-Frank was clear—consumers first, not Wall Street. But the Trump Admin disagrees.
One of its biggest victories was the creation the CFPB, which has returned over $21 billion to Americans who were scammed by big banks and giant corporations. The Trump Admin can’t stand that big corporations might be held accountable—so they keep trying to kill the agency. But we’re fighting back.
Dodd-Frank cracked down on Wall Street’s risky bets by strengthening capital requirements to prevent another financial meltdown. "Too big to fail” banks now have a bit more skin in the game—protecting working families from footing the bill if their risk-taking blows up.
The Trump Admin learned all the wrong lessons from 2008. They’re gutting the CFPB, unraveling financial safeguards, and handing the keys back to Wall Street. If we don’t change course, the next financial crash won’t be a surprise. It’ll be a failure that could've been prevented.
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