Do Americans need an agency to protect us from consumer fraud, credit card scams and evil bankers?

Republicans support anything that helps big business and oppose anything that could cut into their profits. If we have an agency that helps prevent big business from ripping off consumers, they won't make as much money from ripping off consumers. This will hurt their profits and be bad for big business. Too bad the Republicans won't just admit this. You would think that this would be obvious to the American public, but there are a lot of stupid people who vote Republican even though they are voting against what's best for them.