Military, Veterans Groups Stand up for CFPB

A coalition of military and veterans groups sent a letter to congressional leaders recently stand up in support of the Consumer Financial Protection Bureau (CFPB). Here’s what they had to say:

Dear Chairmen Crapo and Hensarling & Ranking Members Brown and Waters:

We, the undersigned representatives of organizations who advocate for our nation’s military servicemembers, veterans, survivors, and military families, write to urge you respectfully to ensure that important laws and regulations that protect against financial deception and abuse are not watered down or eliminated. We hope that bipartisan agreement is possible in order to protect America’s military heroes and their families by resisting proposals that would curtail the effectiveness of the Consumer Financial Protection Bureau (CFPB).

 

CFPB’s Office of Servicemember Affairs – launched by Mrs. Holly Petraeus – has produced tangible results for military families across the country. Military leaders nationwide have lauded the work of the consumer agency and its dedicated military unit. For these reasons, we urge you to resist any proposals that would limit the CFPB’s ability to work on behalf of servicemembers through changes to its authorities, structure, or independent funding.

 

The CFPB’s work to protect, assist, and educate military families in the financial sphere is paying dividends for our nation’s military personnel readiness. We urge you to continue to support the work of the Consumer Financial Protection Bureau and its dedicated military office.

The enclosure to this letter summarizes the many ways that the CFPB supports the Defense Department’s key asset, its men and women in uniform and their families.

Sincerely,

AMVETS

American Legion Post 122

Association of the United States Navy

Blue Star Families

Coast Guard Chief Petty Officers Association

Code of Support Foundation

Fleet Reserve Association

Iraq and Afghanistan Veterans of America

Ivy League Veterans Council

Military Child Education Coalition

Military Order of the Purple Heart

The Military / Veterans Coalition of Indiana

National Association of Black Veterans

National Guard Association of the United States

National Military Family Association

Non-Commissioned Officers Association

Public Law Center, Operation Veterans Re-Entry

Reserve Officers Association

Swords to Plowshares

The Retired Enlisted Association

Tragedy Assistance Program for Survivors

Veterans for Common Sense

Veterans Education Success

Veterans Legal Clinic of the University of San Diego

Veterans Legal Institute

Veterans Student Loan Relief Fund

VetJobs

VetsFirst, a program of United Spinal Association

Vietnam Veterans of America

For more on the fight for consumer protections, follow @TNCitizenAction


 

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