Jayapal Demands Answers on Canceled Consumer Protection Actions

SEATTLE, WA - U.S. Representative Pramila Jayapal (WA-07) is demanding answers from Russ Voght, the Acting Director of the Consumer Financial Protection Bureau (CFPB), regarding the Bureau's ongoing push to drop pending enforcement actions involving billions of dollars in harm to American consumers.

"When a corporation breaks the law, it is the federal government's responsibility to hold them accountable, penalize their wrongdoing, and get relief for the people who were harmed," wrote Jayapal. "Unfortunately, since the beginning of the Trump Administration, the CFPB has not only shut down all investigations into potential law-breaking, it has also been quietly dismissing or rolling back settled enforcement cases. This abdication of legal responsibility rigs the system in favor of the elite, allowing major corporations to get away with ripping off consumers and harming local communities."

Since its establishment in the wake of the 2008 financial crisis, the CFPB has held financial institutions accountable and returned over $21 billion to American consumers who have been scammed by illegal corporate actions. However, as of October 15, 2025, the CFPB has permanently dismissed 22 public enforcement actions that were pending when President Trump took office. The Trump Administration has also terminated or modified at least 20 settled actions where lawbreaking corporations had already agreed to compensate victims, pay fines, and cease illegal conduct.

The full text of Jayapal's letter, which outlines each of the dismissed cases, can be found here.

Issues: Government Reform & Ethics, Jobs, Labor, & the Economy