Trump administration’s changes to the CFPB cost Americans $19B, a new report says

NEW YORK (AP) — One year after the Trump administration took control of the Consumer Financial Protection Bureau, the consumer watchdog has largely retreated from enforcement and regulatory work, changes that consumer advocates and Democrats now estimate have cost Americans at least $19 billion in financial relief.

In a report provided to The Associated Press ahead of its release by the office of Sen. Elizabeth Warren on Monday, the authors say the CFPB harmed consumers by abandoning major consumer protections...