August 16, 2025 Bulletin

Patrick M. Brenner, President of the Southwest Public Policy Institute, sounds the alarm on the fragmentation of consumer finance regulation. With the CFPB scaling back, states are rushing to fill the gap—creating a patchwork of conflicting rules that raise costs, stifle innovation, and hurt consumers. In this SPPI-TV bulletin, Brenner explains how America is moving from one national regulator to fifty competing enforcers, and why Congress must act to restore coherence before every household pays the price.

Relevant reading:

• https://southwestpolicy.com/out-of-one-many/