A reminder as Trump & Scott Bessent effectively shut down the CFPB: Wall Street & Big Tech don't hate the CFPB because it's an ineffective bureaucracy. They hate it because it's extraordinarily effective at protecting Americans from getting ripped off by Wall Street & Big Tech.
Reposted from
Joe Katz
Treasury Secretary Scott Bessent, who Trump named acting director of the Consumer Financial Protection Bureau, has reportedly shut down all CFPB operations - enforcement, investigation, everything - "pending a review"
They're gonna let corporations fuck over consumers if they want to, dammit.
They're gonna let corporations fuck over consumers if they want to, dammit.
Comments
This has to go to SCOTUS stat and someone needs to toss Elon and his employees in jail for myriad material violations of security law