Poll shows broad support for CFPB

The Center for Responsible Lending reports:

“New data from the bipartisan polling team Lake Research Partners and Chesapeake Beach Consultingi shows that voters across the political spectrum overwhelmingly support the ongoing mission of the Consumer Financial Protection Bureau (CFPB) to regulate the financial industry and protect consumers. The new findings are consistent with over 10 years of opinion research demonstrating strong public support for the agency’s role and work.

“Voters are strongly supportive of a variety of specific protections aimed at new types of financial products and want the CFPB to protect consumers from excessive fees and abusive high-cost lenders. They also strongly support the CFPB taking action to fight discrimination in all areas of banking, not only lending.”

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