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Trump/DOGE plans to wind down CFPB, fire almost all staff

Posted on 2/28/25 at 9:01 am
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 2/28/25 at 9:01 am
LINK

Pocahontas won't be happy about this one!
This post was edited on 2/28/25 at 9:02 am
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 2/28/25 at 9:04 am to
quote:

One Senior Executive said that CFPB will become a ‘room at Treasury, White House, or Federal Reserve with five men and a phone in it,’” Doe said.


And that’s likely all that it would take to run it. What have they actually done for consumers? Also why is it needed in a free market economy?
Posted by au4you
Alabama
Member since Dec 2010
3063 posts
Posted on 2/28/25 at 9:06 am to
Because dumbass Americans and elderly get taken advantage of everyday by corporations. This isn’t the win people think it is.
Posted by The Egg
Houston, TX
Member since Dec 2004
83138 posts
Posted on 2/28/25 at 9:09 am to
i do wonder what takes its place if anything

fraud will happen bc fraudulent people and opportunities exist everywhere, with or without the CFPB

i'm guessing complaints will now be lodged to the BBB and FTC for any wrongdoing

now, do either have the teeth to actually enforce any action upon bad actors, or actually help consumers against fraudulent actions is the question
This post was edited on 2/28/25 at 9:12 am
Posted by Bjorn Cyborg
Member since Sep 2016
33890 posts
Posted on 2/28/25 at 9:10 am to
quote:

Because dumbass Americans and elderly get taken advantage of everyday by corporations.


Then the FBI can handle it. Why do we need entirely different agencies for every possible thing anyone can think of?

There are dozens of agencies and departments that need to be closed and, if there is a need, rolled into another department. They don't need to be stand-alone, with all of their own duplicate bureaucracies.

Posted by Gaspergou202
Metairie, LA
Member since Jun 2016
14241 posts
Posted on 2/28/25 at 9:12 am to
quote:

Because dumbass Americans and elderly get taken advantage of everyday by corporations. This isn’t the win people think it is.

This is what courts are for. If one wants government intervention, there are 50 states to set up programs.

But note how big government advocates always denigrate their fellow citizens mental abilities.

Basically, we need big government because people are too stupid to run their own lives.

But of course they’re not to stupid to vote for free shite!
Posted by Von
Wichita Falls, TX
Member since Feb 2019
2662 posts
Posted on 2/28/25 at 9:24 am to
quote:

Because dumbass Americans and elderly get taken advantage of everyday by corporations. This isn’t the win people think it is.

But that's not why Liz started the CFPB. It was always intended to be a funding mechanism for Leftist agendas. Helping the stupid poors was the sales pitch.
Posted by Dtbtiger
Member since Oct 2024
235 posts
Posted on 2/28/25 at 9:30 am to
quote:

complaints will now be lodged to the BBB

The BBB is Yelp for old people
Posted by MidWestGuy
Illinois
Member since Nov 2018
1798 posts
Posted on 2/28/25 at 9:42 am to
quote:

Because dumbass Americans and elderly get taken advantage of everyday by corporations. This isn’t the win people think it is.


I'm a senior, I get 10 scam phone calls a day. So what is the CFPB doing about it?

quote:

The CFPB's projected budget estimate for its operations in FY2025 is $810.6 million.Dec 9, 2024
Posted by AlexLWR
Member since Oct 2024
304 posts
Posted on 3/1/25 at 9:53 am to
Posted by KCT
Psalm 23:5
Member since Feb 2010
46002 posts
Posted on 3/1/25 at 10:07 am to
quote:

Trump/DOGE plans to wind down CFPB


For just a second I thought they were canceling the college football playoff format.
Posted by Floyd Dawg
Silver Creek, GA
Member since Jul 2018
4881 posts
Posted on 3/1/25 at 10:24 am to
None of those fired were ATCs.
Posted by Diamondawg
Mississippi
Member since Oct 2006
37001 posts
Posted on 3/1/25 at 10:53 am to
quote:

Because dumbass Americans and elderly get taken advantage of everyday by corporations. This isn’t the win people think it is.
Do us a quick ROI over the last 5 years on this agency. You can't fix stupid do why should I pay to protect them?
Posted by sabanisarustedspoke
Member since Jan 2007
5627 posts
Posted on 3/1/25 at 11:09 am to
quote:


Because dumbass Americans and elderly get taken advantage of everyday by corporations. This isn’t the win people think it is.


Are you a concerned "dumbass" as you've said? I'm not, so this is absolutely a win for my lineage.
Posted by billjamin
Houston
Member since Jun 2019
16540 posts
Posted on 3/1/25 at 11:18 am to
quote:

lodged to the BBB and FTC

Bbb is just a mechanism to extort money from companies and ftc complaints are meaningless because they won’t do frick.
Posted by Hester5452007
Member since Sep 2018
226 posts
Posted on 3/1/25 at 11:19 am to
quote:

This is what courts are for. If one wants government intervention, there are 50 states to set up programs. But note how big government advocates always denigrate their fellow citizens mental abilities. Basically, we need big government because people are too stupid to run their own lives. But of course they’re not to stupid to vote for free shite!


Courts are for the wealthy, anyone with resources can run the other side into the ground. Trump is great at it.
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