Protect America's Retirement Savings

by ActRight Community in Freedomworks Foundation

The Consumer Financial Protection Bureau (CFPB) has signaled it may begin regulating how Americans manage their nearly $19.4 trillion in retirement savings.

Richard Cordray, head of the CFPB, sees government’s role as paternalistic. The people, in his view, are incapable of taking care of their own finances. Therefore, it’s up to regulators to take that which isn’t theirs and manage it properly.

With hundreds of trillions of dollars in unfunded liabilities for entitlement programs, the federal government’s track record of running a sustainable nanny state has been abysmal.  And now, those same government officials want even more authority over the private assets of Americans.

Sign the petition telling Richard Cordray to keep his hands off America’s private pension dollars. Washington has enough money already.

 

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