New data from the bipartisan polling team Lake Research Partners and Chesapeake Beach Consulting shows that voters across the political spectrum overwhelmingly support the ongoing mission of the Consumer Financial Protection Bureau (CFPB) to regulate the financial industry and protect consumers. The survey also revealed strong support for maintaining the secure, independent funding mechanism for the CFPB. These new findings are consistent with over 10 years of opinion research demonstrating strong public support for the agency’s role and work.
Voters are strongly supportive of a variety of specific CFPB policies to protect consumers from excessive fees, predatory debt collection practices, and abusive high-cost lenders. They also strongly support the CFPB taking action to fight discrimination in all areas of banking, not only in lending.