CFPB is a godsend to ordinary consumers. Watch the Musk Administration try to get rid of it - ThreadSky

tribelaw.bsky.social • 85 days ago

CFPB is a godsend to ordinary consumers. Watch the Musk Administration try to get rid of it

Last week, the Consumer Financial Protection Bureau (CFPB) announced a historic $1.8 BILLION settlement for 4.3 million people who were charged illegal fees or defrauded by credit repair companies.

Remember this the next time a billionaire says they want to get rid of the CFPB.

Comments

samsorcerer.bsky.social•85 days ago

There is a huge host of scans and grifts that the CFPB has limited, stopped, or brought to light -- everything from usurious payday loans to hidden fees and interest rates.

Evil in the world is rejoicing.

nancywiegand.bsky.social•85 days ago

I think a really good way to drive trump crazy would be for all of us to start calling it "the Musk administration".

dinah15.bsky.social•85 days ago

You took the words right out of my mouth.

peterflaire.bsky.social•85 days ago

pickleballusa.bsky.social•84 days ago

already been saying it for 5 weeks. And refer to that old guy 's 'wife' as Elonia

vivbernstein.bsky.social•85 days ago

You just saw how Musk is going to rule. He will threaten any R politician who dares to consider voting against his agenda. And they’ll fold like Ernst over and over and over. Whatever cuts DOGE wants, they will approve legislatively. He owns them. He owns Trump. He owns all of us now.

satantrump.bsky.social•85 days ago

They want to get rid of it so that they can do what they want with no interference! They’ll find a way!

chrisjustice01.bsky.social•85 days ago

Criminals taking over because Justice failed. 2024 Election needs Investigation, after Trump's 8yrs of election crimes w/ Russia.

csapidus.bsky.social•84 days ago

Musk Administration.

belmontx2.bsky.social•85 days ago

Yesss @tribelaw.bsky.social ! The coming regime must always be referred to as "The Musk Administration."

@therickwilson.bsky.social @lincolnproject.us @gtconway.bsky.social @gregsargent.bsky.social @karaswisher.bsky.social

petridishlife.bsky.social•83 days ago

It’s infuriating that Musk a non elected whatever is driving this runaway train!

openinglotus.bsky.social•85 days ago

These kleptoplutocrats seem to have a really deep hatred of the poor and disadvantaged.
This is so backward and untransformed and will eventually bring the country down.
Sad.

sossity.bsky.social•85 days ago

That’s ‘Pocahontas’s’ baby, so it’s snipped…..

rainwalkerak.bsky.social•85 days ago

Thanks for naming it what it actually is.

patlalaver01.bsky.social•85 days ago

They settled a sales fee on my IRA item. Look at the https://Consumerfinance.gov website and look at the banks were are using, amazing.

jrfree.bsky.social•84 days ago

CFPB is the only reason Capital One finally refunded my money

pdponderings.bsky.social•84 days ago

So important.

lifesafeast.bsky.social•85 days ago

It’s just a bigger step from what trump already did in his first term.

econgnr.bsky.social•85 days ago

Ok. Let Wall St. run wild and crash the economy again. 2008 here we come! Is it me, or does it look like the GOP just wants to undo everything the black president did, whether it helps the country or not? Close the public pool for everyone if it has to be integrated.

catgang4.bsky.social•85 days ago

I'm stuck at "the Musk administration" .....

detoxrescue.bsky.social•85 days ago

😞

realxyz.bsky.social•84 days ago

CFPB shut down Andreessen Horowitz scam operation LendUp Loans. That's why he's so intent on destroying it.

Silicon valley is nothing but thieves and criminals.

https://www.ft.com/content/1f14799f-69a1-41cb-bf7f-6f16f9ad4a8b

idiocracyistrue.bsky.social•85 days ago

It helps ordinary people. So it's toast.

oldskier.bsky.social•85 days ago

Whenever something tries to be fair to the lowly consumer, the rich will fight it. We have seen this before...
They do the same thing in the labor board...

debbie02.bsky.social•85 days ago

Will be awful if they make it go away but not surprising. One thought is if we ever get rid of these bad guys we can start to fix things. Hope 👍

readingwarrior.bsky.social•85 days ago

That would be job one. Once accomplished, the marks will get fleeced without recourse.

saffship.bsky.social•85 days ago

now that teslas are more deadly then the pinto - watch them kill the national highway transportation date ty agency.

saffship.bsky.social•85 days ago

*safety agency

ibiv56.bsky.social•85 days ago

Bank theft is very difficult to fight without outside help. Identity theft, phone scams, even deeds are being altered!

barrxyz.bsky.social•85 days ago

Well he won’t want to pay out after all his cybertrucks implode & the rest of the Tesla’s self drive their occupants over a cliff.

Time to boycott?

starjet.bsky.social•85 days ago

Indeed! Credit to Sen. Elizabeth Warren. I know she'll fight him every step.

grunteledboomer.bsky.social•83 days ago

Who is more likely to be on drumfs radar, those victims, OR the fined CEOs?

grunteledboomer.bsky.social•83 days ago

🤬

stellablue69.bsky.social•85 days ago

I thought it was the Trump administration not the Musk administration. I am becoming so angry and what you said Mr Tribe is right. Am with you.

delizad.bsky.social•85 days ago

It actually is! Thank you Elizabeth Warren.

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