Weakened U.S. Consumer Watchdog Expected to Bite Back if Biden Wins Election

Reuters, Oct. 19, 2020–Katanga Johnson
A decade-long Republican campaign to weaken the Consumer Financial Protection Bureau’s independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the power to swiftly replace the agency’s director with a consumer champion, said nearly a dozen lawyers, lobbyists and policy experts.