House Passes Consumers First Act, Bill Now Goes to Republican-Controlled Senate

With a 231-191 split along party lines, the House passed the Consumers First Act on Wednesday, May 22.

Congresswoman Maxine Waters (D-CA), Chair of the House Committee on Financial Services, introduced the legislation to “block the Trump Administration’s anti-consumer agenda and reverse their past efforts to undermine the mission of the Consumer Financial Protection Bureau,” per a statement released by the Committee.

Democrats are seeking to strengthen consumer protections they feel were weakened when Mick Mulvaney, current Director of the Office of Management and Budget and past acting director of the CFPB, oversaw the Bureau.