A great example of a story where being a policy nerd (here: mortgages) intersects with understanding the political economy of the Consumer Financial Protection Bureau
Reposted from
David Dayen
NEW from me: Russ Vought was on the verge of breaking the mortgage market by shutting down a core function provided by CFPB. But he blinked, and in so doing revealed that regulation is actually pretty important.
prospect.org/economy/2025...
prospect.org/economy/2025...
Comments
Go figure.
"It is a tale told by an idiot, full of sound and fury, signifying nothing."
Convicted-Felon-Trump-Administration-Two is little more than a series of stunts as silly as Freedom Fries.