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© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Enforcement actions at consumer watchdog agency halt under Trump
By KEN SWEET NEW YORK©2024 GPlusMedia Inc.
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HonestDictator
Greed leads to corruption and corruption ultimately leads to destruction.... I will say this like a broken record until people get it. The US is on the path to self-destruction with this in mind.
Tommy Jones
This is because Trump cares so much for the average person.
clamenza
Another defeat for the Obama era nanny state. Good job, President Trump and Mr Mulvaney.
HonestDictator
@Clamenza until you yourself find your pockets getting pillaged by blatant corporate greed and scammed out of your money. You must love learning reality the hard way. Keep it up, you'll be living from less than paycheck to paycheck someday yourself.
Then from there you'll drop to working poor, and from that perch you'll drop to just barely surviving, then existing for the sole purpose of earning money for other people who are far wealthier than your family would be for multiple generations.
But it's all good! It's what you want! Good job for the 1%ers! Until there is nothing left for them to bleed dry of cash.
Blacklabel
How is the “average” 2 to 4? if you want to complain you have to at least be able to count how many there were.
gokai_wo_maneku
And rthe 1%ers win again!
Blacklabel
Of course the article doesn’t even mention that the CFPB under Mulvaney is readying to issue the largest fine in its history.
https://www.reuters.com/article/us-wells-fargo-accounts-fine-exclusive/exclusive-u-s-watchdog-seeks-record-fine-against-wells-fargo-for-abuses-sources-idUSKBN1HG2PO
its not always the fake news, it’s what is purposely excluded from being said.
Blacklabel
Ah silly me though. I’m sure it’s too early or too late or the wrong company or too much or not enough. Same as everything else.
theFu
Isn't this the work the FTC is supposed to handle? Ah. No. The FTC is prohibited from dealing with banking. That seems foolish. Change the law and merge. The FTC and CFPB already work together under Trump. If one organization is actively suing a company, the other is explicitly prohibited from doing so. Merge them.
https://www.consumerfinancemonitor.com/2011/07/07/how-the-cfpb-and-the-ftc-interact-part-i/
SuperLib
Seems like it was a beneficial program for regular Americans. Not sure why people would work against their own interests like that.
mukashiyokatta
American consumers shall take their revenge in the November elections. Trump administration an abject failure.
8T
Trump has changed American politics forever. A "new type" of Leftist will enter the picture and the "old type" will cry and complain how things used to be. Careful what you wish for libs.