Trump wants to shut the CFPB. So what does this consumer agency do? (1 Viewer)

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    Politics - CBSNews.com

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    The Trump administration's Feb. 8 order that employees of the Consumer Financial Protection Bureau halt much of their work amounts to an existential crisis for a government agency that itself was born from crisis.

    The CFPB was launched in 2011 under President Barack Obama following the housing industry meltdown that devastated the global economy. The agency's mission: to protect Americans from abuse by financial firms; ensure that industry players follow consumer protection rules governing everything from home loans to credit cards; and help...

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