Outstanding example of mitigated language downplaying a serious problem - $670 million spent on consumer financial education every year vs. $17 billion spent by the industry to market financial products (via Businessweek):
"That means the majority of information consumers receive about financial products comes from a company trying to sell them something—which can make it quite a challenge for consumers to find unbiased information," CFPB Director Richard Cordray said.
"That means the majority of information consumers receive about financial products comes from a company trying to sell them something—which can make it quite a challenge for consumers to find unbiased information," CFPB Director Richard Cordray said.
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