Brianna Smith - February 17, 2017
The Republicans are at it again in their plans to overhaul many aspects American life. Their target this time? Title X of the Dodd-Frank Act, “which established the CFPB.” On Tuesday, Sen. Ted Cruz (R-Texas) and Rep. John Ratcliffe (R-Texas) introduced companion bills that would effectively “eliminate the Consumer Financial Protection Bureau (CFPB),” a “controversial watchdog” organization that many Republicans have been targeting for some time now. Now since their party is in the White House and in control of the House and Senate, many are seeking to take advantage of the position of power to push their agendas through, including passing the two companion bills.