​AG Raoul led a coalition of 23 attorneys general in urging the Consumer Financial Protection Bureau (CFPB) to scale back its plans that would severely reduce staffing, undermine the agency’s statutory obligation to supervise financial institutions, weaken enforcement, and result in less relief and protection for consumers.  

“It is unconscionable that this administration is attempting to restrict the ability of the federal government to effectively protect its consumers. With agencies like the CFPB stepping back from its responsibilities, states will be forced to do more with less, bad actors will get a free pass and consumers will pay the price.” – AG Raoul