What other newspapers are saying: America needs Consumer Financial Protection Bureau
Ever since the Consumer Financial Protection Bureau opened in 2011 with a mandate to regulate financial institutions, its detractors have tried to eliminate it. They have questioned its constitutionality, dismantled its board and slammed it for all sorts of shortcomings. The second Trump administration, however, might have devised a more effective attack: Just walk in and pull the plug. Trump officials often cast this as a fight to rein in bureaucratic overreach, but in reality they are disappearing an agency that plays a crucial role in protecting the economy. In recent weeks, Elon ...