House of Representatives oversees all components of the nation’s housing and financial services sectors including banking, insurance, real estate, public and assisted housing, and securities. The 2008 financial crisis was a result of Wall Street running amok, with abusive institutions peddling toxic products like no-doc loans, interest-only mortgages, and other predatory products. To ensure that w
e don’t have to go through another economic disaster like that, Financial Services Committee Democrats crafted the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve accountability in the financial system and protect consumers, investors, and the economy from abusive Wall Street practices. As part of that law, Committee Democrats created the Consumer Financial Protection Bureau, which is the only agency solely dedicated to protecting consumers from being ripped off. To learn more about how Committee Democrats are fighting to protect your financial security, visit our press center: https://go.usa.gov/xRWqU
