[ [link removed] ]Katie Porter for Governor





Last week, we found out that Trump and his allies want to cut 90% of the
staff at the Consumer Financial Protection Bureau.

[ [link removed] ]Reuters: US consumer watchdog says it will layoff most remaining staff

Trump’s goal is to make it impossible for the CFPB to fulfill its mission
as a watchdog for consumers.

Congress created the agency in the aftermath of the 2008 financial crisis.
The agency exists to advocate for consumers, fighting against scammers and
cheaters. Since its creation, the CFPB has returned nearly $20 billion to
Americans.

The CFPB isn’t just good for consumers, it protects businesses that play
by the rules, by cracking down on bad actors. The only people who will
benefit from gutting the CFPB are scammers and fraudsters—and the rest of
us will get hurt.

As a commercial law professor, I sounded the alarm in the mid-2000s on the
predatory practices that ultimately led to the foreclosure crisis. I
remember what it was like before we had the CFPB looking out for us and
for the stability of our economy.

We need our leaders to stand up for what everyday Americans need, not what
their cronies want. On Friday, a judge paused the mass layoffs and
scheduled a hearing for the end of this month. Right now, the fate of the
CFPB lies in the hands of the courts and the Trump Administration.

[ [link removed] ]Can you sign my petition to protect the CFPB from Trump and DOGE’s
attacks?

[ [link removed] ]Sign On

Onward,

Katie




 




This email was sent to [email protected]. Email is a critical way we communicate with grassroots supporters like you. However, if you would like to change your subscription preferences, here are some options:

Receive Fewer Emails: [link removed]
Update Your Information: [link removed]
Unsubscribe: [link removed]

[PAID FOR BY KATIE PORTER FOR GOVERNOR 2026 FFPC #1479597]