Biden looks to reassert consumer watchdog agency sidelined by Trump

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“Even before the pandemic, there were a large number of families struggling financially, living paycheck to paycheck, families who were most at risk of being seriously injured by market forces. And it’s certainly gotten a lot worse for many families over the last year,” said David Silberman, who worked at the CFPB as the associate director for research, markets, and regulation from its inception through February 2020. “Having the government on their side and looking out for them, and ensuring they can’t be taken advantage of is more important than ever.”

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