"The budget for 2025 for CFPB is $823 million. Since its creation in 2011, the CFPB has returned $20.7 billion to consumers." www.npr.org/2025/02/08/n... - ThreadSky

jamesgoodwin.bsky.social • 128 days ago

"The budget for 2025 for CFPB is $823 million. Since its creation in 2011, the CFPB has returned $20.7 billion to consumers."
https://www.npr.org/2025/02/08/nx-s1-5290914/russell-vought-cfpb-doge-access-musk

Comments

tiltowl.bsky.social•128 days ago

"Well, but billionaires are consumers too," responded Mr. Vought. #sarcasm

gibbs52.bsky.social•128 days ago

Now do the returns on FCPA enforcement

jdolbow.bsky.social•128 days ago

Hard to overstate just how much good work on behalf of your average citizen the CFPB does.

gh-kirsch.bsky.social•128 days ago

Men like Vought seem to have been taken by some bizarre libertarian belief that the law of the jungle provides a sufficient moral compass. Or, perhaps, no moral compass is necessary.

ceindeed.bsky.social•128 days ago

If there was an investment tool that made a better than 25 to 1 return, I would clean out my 401k and move it there… not get rid of it !

dawniewouldnt.bsky.social•128 days ago

Russell is a villain

pcollirigger.bsky.social•128 days ago

$1.7B recovered per year is a solid return and doesn't reflect the preventive effects of it being around.

michaeljameshawk.bsky.social•128 days ago

johnbdc.bsky.social•128 days ago

yeah but that's money out of the pocket of scam artists

jerseytigerfan.bsky.social•128 days ago

And that’s the problem (for the oligarchs.)

sarahvb.bsky.social•128 days ago

The shame! Taking food out of the mouths of billionaires!

trying2btenacious.bsky.social•127 days ago

https://www.mobilize.us/indivisible/event/754591/

antiquequaalude.bsky.social•128 days ago

It feels absolutely insane to read every day a different department Elon is doing god knows what on their computer systems

toddadam.bsky.social•128 days ago

neonnomad.bsky.social•128 days ago

Put the most crooked, murderous foxes in charge of the financial henhouse and you have a recipe for an epic financial crisis. You Americans better watch those 401ks or whatever you call them!! Lots of Gen Xers who voted for Trump are gonna have their retirements wiped out.

jbarab.bsky.social•128 days ago

$20.7 million? That's almost half of what Elon paid for Twitter.

jaredlipof.bsky.social•128 days ago

I think the relevant fact here is that Republicans––and, more importantly, their donors––don't believe Consumers should be Protected.

suspersists.bsky.social•128 days ago

And now he will give any returns straight to the oligarchs. This man is the Devil incarnate.

patmorr.bsky.social•128 days ago

So the head of a company that is selling vehicles that have a tendency to suddenly burst into flames is going to go in with the intent of getting this agency.
Nothing more disgusting than these people, getting senate confirmation to head these bureaus just stand back and hand the keys over.