Date: May 26, 2015
Issue: Regulatory Reform
To: Ms. Monica Jackson, Consumer Financial Protection Bureau
Filing Type: Regulatory
Description: The CFPB should abandon any thought of creating a database of consumer “compliments.” The Bureau’s resources would be far better spent providing companies regulatory relief or legal transparency than by creating a fig leaf that gives the impression of even-handedness without actually compensating for the misleading nature of the consumer complaint database.