Congressman Al Green Responds to Those Who Would Use Fake Privacy Concerns to Prevent Defrauded Consumers from Receiving Justice in the Form of Restitution

(Washington, DC)--On Thursday, December 17, 2015, Congressman Al Green issued a statement addressing attempts by those who would eviscerate or emasculate the Consumer Financial Protection Bureau (CFPB), under the guise of fake consumer privacy concerns, by damaging the reputation of the important agency that returns money to consumers who have been ‘ripped off:’

“This is what I would expect from those who seek to replace the Consumer Financial Protection Bureau with a ‘Corporate Financial Protection Bureau,’ subject to the influence of synthetic grassroots organizations like the fictitious US Consumer Coalition.

“The CFPB is prevented by law from collecting personally-identifiable information, except for the purposes of returning money to defrauded consumers. The CFPB uses this data to identify consumers who have been ‘ripped off’ and ensure that they receive restitution.

“Since the CFPB opened its doors, it has helped return over $11 billion dollars to defrauded American consumers. I would like to think that the millions of defrauded Americans who have had their hard-earned money returned to them by the CFPB would disagree with the sentiment that the CFPB is invading their privacy.”