Hillary Clinton Advocates Against Choice and Privacyposted October 8, 2015
October 8, 2015 – Washington, D.C. – The US Consumer Coalition (USCC) released the following statement in response to Hillary Clinton’s urging Congressional Democrats to aggressively oppose legislation to reform the Consumer Financial Protection Bureau (CFPB). The CFPB has come under fire for its lack of transparency, lack of Congressional oversight, autocratic management structure, charges of racial discrimination by agency employees, targeting of law abiding industries, and massive spying program aimed at American consumers.
“By urging Congress to kill these well-intentioned reforms, Mrs. Clinton is taking a stand against greater transparency and oversight of one of the most powerful and secretive agencies in Washington. The American people want CFPB reform. They believe that this out-of-control agency, which has enormous power to regulate businesses and consumer choice at will, should be accountable to Congress and not managed by one unelected official. A recent USCC/Zogby poll showed a clear majority of Americans support more oversight of the CFPB by Congress. In fact, 78 percent of those polled said the CFPB should ‘have to go to Congress and get its budget approved just like other agencies.’
“The USCC/Zogby poll also found majority opposition to the agency’s controversial mining of Americans’ credit card information. Mrs. Clinton seems to go to great lengths to hide her personal communications and activities from the prying eyes of the government, but apparently has no problem with the CFPB spying on hundreds of millions of credit card purchases of nearly every American.
“When a presidential candidate comes out against government reform that increases transparency, provides needed oversight, and protects consumer choice, it can only be for one reason – politics. Mrs. Clinton’s pandering to the far Left comes as the CFPB’s founder, Senator Elizabeth Warren, makes headlines threatening Mrs. Clinton’s run for the presidency. This calculated move puts her own ambition above the rights of consumers who see their privacy and product choices increasingly eroded by the CFPB.
“Mrs. Clinton should be standing up for American consumers, their choices, and their privacy, instead of playing political games.”
The US Consumer Coalition (USCC) is a grassroots consumer advocacy organization working to protect and expand access to free-market goods and services.