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Consumer Reports is an independent nonprofit organization that works for a fair, safe and transparent marketplace.

Since we were founded as Consumers Union in 1936, we have advocated for the rights of all consumers. Now, we are united under the Consumer Reports name, bringing together our trusted testing, research, journalism, and advocacy.

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Vote “No” on H.R. 10 – The Wrong Choice for Consumers

Consumers Union, the policy and mobilization arm of the independent, non-profit organization, Consumer Reports, writes to express our strong opposition to the Financial CHOICE Act which would essentially gut the Consumer Financial Protection Bureau (CFPB). By weakening the Bureau’s independence and eliminating many of its core functions, the Financial CHOICE Act would effectively end the CFPB’s ability to carry out its mission of protecting consumers from unfair, deceptive, and abusive practices, supervising banks and nonbanks to prevent consumer harm, taking enforcement action against companies that break the law, and arming consumers with information they need to make smart financial decisions. These changes leave consumers vulnerable to financial scams and rip-offs. We strongly urge you to oppose this anti-consumer legislation.