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Trump official orders consumer protection agency to stop work

7 Comments
By CHRISTOPHER RUGABER

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7 Comments
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You can't heckin prevent credit cards from usury or banks from subprime mortgage lending!!!

3 ( +5 / -2 )

The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.

Yeah, because consumers don't need protections from billionaires...

3 ( +4 / -1 )

Trump doing the bidding of big banks, as usual.

Under Chopra, the CFPB approved rules to cap overdraft fees by banks, limit junk fees, and has proposed restrictions on data brokers selling personal information such as Social Security numbers. The agency had also sought to address complaints about the alleged “debanking” of crypto firms and conservatives by seeking to ban contracts that could cause someone to lose access to financial services for making political statements.

Yeaaah, who needs any of those? It's Trump's America now, the consumer doesn't matter. The FDA will be next, because who needs foods and medicine checked? Nobody! Just the population be scammed and die from salmonella.

1 ( +2 / -1 )

Yeaaah, who needs any of those? It's Trump's America now, the consumer doesn't matter. The FDA will be next, because who needs foods and medicine checked? Nobody! Just the population be scammed and die from salmonella

That’s not it, there are many, many jobs and positions within companies that are over-bloated or seriously unnecessary, so if we can cut all of the over-excessive spending in those departments, why not? They should trim off as much fat as they can.

-3 ( +1 / -4 )

That’s not it, there are many, many jobs and positions within companies 

This is not a company. It's a governmental agency that provably protects consumers.

seriously unnecessary

MAGA don't need protection from big banks, because they love scammers.

3 ( +3 / -0 )

... said Bill, Rob and L back in the 90s when they allowed controversial mergers and practices to happen by repealing the Glass-Steagall legislation with a six-inch grin. Previous guy even openly came out against reinstating it (on orders from his credit card donors) 15 years ago.

-3 ( +0 / -3 )

Yea, you know, the Consumer Protection Agency that helps protect Americans from FRAUD - which happens to be the 34 felonies this miscreant is convicted of...

This is all about ensuring Trump and his uber-rich buds can continue to fleece the MAGA-masses - as they've been doing for eight years...

Trump 2.0 - all hustle, all the time...

1 ( +2 / -1 )

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