In this episode of Policy 360, hosted by Manoj Mohanan, interim Dean of Duke’s Sanford School of Public Policy, Professor Mallory SoRelle discussed the role and potential dismantling of the Consumer Financial Protection Bureau (CFPB). Created after the 2008 financial crisis to protect consumers from predatory practices, the CFPB has returned over $21 billion to more than 200 million Americans. SoRelle explained the stakes of weakening the agency, especially as new, unregulated financial technologies proliferate, and urges the public to advocate for its continued existence: “The best thing you can do is treat it as a political issue, write to your members of Congress expressing how important you think this is.”
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