The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the operator of Zelle and three of the nation’s largest banks for allegedly failing to safeguard consumers from fraud. In January, it sued the credit reporting agency Experian for allegedly failing to investigate consumer disputes .

President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.

The Consumer Financial Protection Bureau’s recent rules on overdraft and credit card late fees are in jeopardy, while others face an uncertain future.

The Consumer Financial Protection Bureau, created after the Great Recession, shouldn’t be dismantled.