Why Warren Opposes Changes to CFPB May Surprise You

It’s probably no surprise that Senator Elizabeth Warren opposes any changes that she believes might retrain the CFPB, but her reasoning might surprise you.  Citing credit unions as model financial institutions, she said that one of her goals when she set up the CFPB was to create transparency and a level playing field where all institutions could compete more effectively and where big financial institutions would not be able to continue to cheat their customers. [3/16/15]