U.S. Consumer Financial Protection Bureau

Maryland delegation: keep budget clean of 'riders'

Maryland delegation: keep budget clean of 'riders'

Congress is hashing out the next budget. Disappointingly, many legislators are once again trying to use the budget to sneak in harmful repeals of and changes to consumer protections. For example, one policy proposal added to the budget, as a so-called “rider,” would keep the Consumer Financial Protection Bureau from holding companies like Wells Fargo, Equifax and predatory payday lenders accountable when they cheat us. Why use the budget for matters unrelated to spending? Because repeals and changes to important protections can’t pass on their own. But if they’re added to the budget, which must be passed to fund our government and avoid another shutdown, members of Congress might feel the...

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