The US Consumer Financial Protection Bureau was rapidly defanged, with all activities suspended, its upcoming funding facing a cut and its headquarters temporarily shuttered https://reut.rs/4hSr6oi
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Gosh, I can't imagine why the world's richest man who wants to turn the social media network he bought into a payment and banking app wants to cripple a federal agency that protects people from dishonest financial practices by holding big businesses accountable.
Considering that agency protected American voters, I can't see how choosing billion-dollar banks & monetary businesses over protecting consumers will be popular but MAGA zombies still probably believe only liberals & minorities will be affected.
Combine this with Elon about to tear into the treasury and we have all the makings of a crash that’ll be “the biggest anyone’s ever seen and it’ll be beautiful”!
It’ll make 2008 look like a blip.
The Continental United States. Unfortunately hasn't the same Consumer protection as 450 Million EU Citizens.
You could have had. But Congress thought it to Socialist.
🇮🇪🇪🇺
Wouldn't want anyone watching out for the peasants! Of course I don't care because most of America is more interested in football than whether democracy dies in their country so f@ck them.
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It’ll make 2008 look like a blip.
You could have had. But Congress thought it to Socialist.
🇮🇪🇪🇺
some NEWS sources might add