“There’s a glaring omission in this report,” Graciela Aponte-Diaz, vice president of the Center for Responsible Lending, said in a statement. “The Consumer Financial Protection Bureau has saved Americans trillions of dollars by protecting them from financial exploitation and providing guardrails that keep predatory lenders from creating a repeat of the catastrophic 2008 Financial Crisis. “Top U.S. banks posted record profits in 2024 — they’re doing just fine. Meanwhile, the CFPB has returned $21 billion directly to consumers over its history, exactly as it was designed to do. That work must continue, regardless of the administration’s repeated attempts to dismantle the agency.”
