What's at stake for consumers as Trump officials target the CFPB

[Yo_Mama_Been_Loggin]

The Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau risk leaving Americans’ nearly $18 trillion in consumer debt with less supervision or regulation.

One CFPB staffer said Monday that every meeting and work item on their calendar, including reviewing investigative actions, had been deleted.

“I think at some point, the machinery is going to start to jam up,” said the employee, who asked to speak anonymously out of fear of reprisal. “What is industry going to do on its own?”

As of Monday evening, the CFPB’s homepage said “404: Page not found,” though other parts of the site appeared to be working.

https://finance.yahoo.com/news/whats-stake-consumers-trump-officials-013612396.html

[LetMyPeopleVote]

1. Statement on Trump Shutting Down the Consumer Financial Protection Bureau

Link to tweet

The CFPB put $19.7B back into the pockets of families who were cheated by financial predators.

Let’s be honest: the only reason Trump and Musk would shut down America’s consumer watchdog is because they are corrupt—and they don’t like when anybody stops them from being corrupt.