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Sunday, May 11, 2025

Congressman Bill Foster criticizes Trump's impact on consumer protection

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U.S. Rep. Bill Foster 11th District of Illinois | Official U.S. House headshot

U.S. Rep. Bill Foster 11th District of Illinois | Official U.S. House headshot

Congressman Bill Foster, representing Illinois’ 11th district since 2013, has been vocal about his concerns regarding the Consumer Financial Protection Bureau (CFPB) and recent political developments. His tweets focus on the actions of former President Donald Trump and entrepreneur Elon Musk, which he perceives as threats to consumer protection.

On February 10, 2025, Congressman Foster expressed his concern over what he described as the effective shutdown of the CFPB by "Trump, Elon, and their minions." He stated that this action makes it easier for large banks and predatory lenders to exploit consumers. "ICYMI: Trump, Elon, and their minions have effectively shut down the CFPB..."

The following day, February 11, 2025, Foster highlighted the achievements of the CFPB in returning $20 billion to Americans affected by financial scams and predatory practices. He criticized efforts to dismantle the agency and emphasized resistance against such moves. "The CFPB has returned $20 BILLION to Americans harmed by scammers..."

On February 12, 2025, Foster referenced a statement made by Donald Trump regarding economic policies aimed at ending inflation. He noted that it was already day 24 without significant changes being evident. “Starting on day one..."

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