Summary
Consumer advocates warn that a Trump administration could dismantle key protections established by the Consumer Financial Protection Bureau (CFPB).
The CFPB, created after the 2008 financial crisis, has secured $20 billion in consumer relief under current leadership.
Trump allies propose eliminating the agency, prioritizing deregulation, and reversing rules on overdraft fees, credit card late fees, “buy now, pay later” services, and medical debt reporting.
While some measures might survive GOP control, critics fear weakened safeguards will leave consumers vulnerable to financial exploitation, especially in underserved communities.
I like how all of these articles post ‘could’ as if that’s not exactly what he’s going to try to do.
I love how they’re all being published after the elections. As if no one knew about any of it beforehand.
Media is a business, outrage sells. The C-Suite wanted this.
They wanted a horse race when the opposite of what happened should have been obvious, and they got what they wanted.
Idk about that… Was seeing plenty of news about what Trump planned (or had the concept of a plan) to do before the election. But considering how so many people still didn’t fucking know, I wouldn’t be surprised if they crank out more articles about the same shit that the same ignorant people with their head stuck in the sand are still not going to see.
It would be interesting to see a before and after.
Oligarch from the capital class will use his power to weaken the working class? No way, unbelievable
Fucking bring it. We need to feel the pain in order to understand our collective stupidity and retain some hope for correcting course.
You know it’ll be blamed on Biden… Even tho they inherited this economy they spent 4 years fixing.
The beatings will continue until critical thinking improves.
The schools will be dismantled until critical thinking improves.
OK, thanks for warning me about yet another thing I knew was going to happen. What’s the point of all these groups if none of them take any actions?
It seems Trump wants FDR back in the next election
FDR’s job was to save capitalism from the jaws of socialism. Granted, I’m glad Stalinism didn’t catch on in the USA, since the american socialist movement was majorly Stalinist at that time, but capitalism has long outlived its progressive role and now is only a naked form of class oppression. Transforming the USA into a social democracy is no longer possible as the ruling class is no longer split on this issue as they were in FDRs time.
Noone is coming to save us. We have to save ourselves and each other. Get educated, get organized, get active.
