Sen.
Elizabeth Warren (D-Mass.) on Thursday highlighted a Senate Committee on Banking, Housing, and Urban Affairs Minority Staff report estimating that the Trump administration's overhaul of the Consumer Financial Protection Bureau (CFPB) has cost Americans up to $26.5 billion.
The report was released ahead of acting CFPB Director Russell Vought's Senate oversight hearing.
The CFPB is the federal agency established after the 2008 financial crisis to protect consumers from unfair, deceptive and abusive financial practices.
Alongside the report, Warren also sent Vought a letter accusing the CFPB of failing to respond to congressional oversight requests during his tenure, according to the Senate Banking Committee.
