“Uncovering the Impact of the CFPB’s Disappearance: Have You Been Affected?”
The Consumer Financial Protection Bureau (CFPB) has been a vital resource for millions of Americans who have faced issues with mortgage companies, auto lenders, credit reporting agencies, and other financial institutions. However, recent data shows that the number of complaints filed with the agency has been steadily increasing. In 2024 alone, the CFPB received 2.7 million complaints, with half of them resulting in some form of relief for consumers.
Despite the important role the CFPB plays in protecting consumers, the Trump administration is currently taking steps to dismantle the agency. This move has already had significant consequences, with ongoing bureau probes being effectively frozen, potentially denying accountability and financial relief for many consumers. The decision to drop lawsuits against major companies like Capital One and Rocket Homes has further raised concerns about the future of consumer protection.
The impact of these actions is being felt across the country, with consumers in states that supported President Trump’s election, such as Georgia, Florida, Nevada, Louisiana, and Texas, filing complaints with the CFPB at some of the highest rates. The uncertainty surrounding the agency’s future has left many wondering who will be responsible for sifting through complaints and whether there will be enough resources to assist those who have filed them.
ProPublica is actively investigating the fallout from the potential gutting of the CFPB and is seeking input from individuals who have filed complaints with the agency, had cases dismissed or stopped investigating, or have been in touch with the CFPB regarding investigations or resolutions in the past year. Additionally, the organization is interested in connecting with current or former employees of the agency or financial institutions it regulates.
If you have relevant information to share, you can fill out the form provided by ProPublica for their reporting purposes. Your privacy will be respected, and you will only be contacted if your responses are considered for publication. ProPublica is committed to understanding the implications of the CFPB’s uncertain future and the potential impact on consumers across the country.