Keeping people safe and markets in check
Senator Casey believes that government can play a vital role in protecting consumers from practices that endanger public safety, health, and well-being, and that consumers are entitled to accurate, thorough, and accessible information that empowers them to safeguard their families in an increasingly complex world.
Additionally, Congress and government agencies have a responsibility to ensure that financial products and markets must work for consumers. The creation of the Consumer Financial Protection Bureau (CFPB) was a key step toward ensuring that consumer risks and concerns are at the heart of our financial regulatory system. Senator Casey is committed to preserving the CFPB's ability and authority to execute its mandate, promote financial education, monitor financial markets for risks to consumers, and restrict unfair or abusive practices like scams and predatory lending.
Similarly, government oversight and regulation by agencies, such as the CFPB and the Federal Trade Commission, can play an important role in making markets work for middle-class Americans.