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According to McDowell, the CFPB has garnered a reputation for growing more bureaucratic and ineffective over the years. Instead of safeguarding consumers, critics assert that the bureau's actions often restrict access to credit—affecting those in most need. The expansion of regulations has made it increasingly cumbersome for lending institutions to operate, ultimately impacting consumers negatively.
Antoni and McDowell expressed that the CFPB has become a tool for political manipulation, used by politicians like Elizabeth Warren to pursue personal agendas against companies they oppose. They suggest that the agency has veered away from its original mission and has become overly focused on punitive actions rather than protection or support for the average American consumer.