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Started By
Message
re: Consumer Financial Protection Bureau was just deleted
Posted on 2/7/25 at 4:29 pm to timdonaghyswhistle
Posted on 2/7/25 at 4:29 pm to timdonaghyswhistle
Chief Walking Eagle, because she's so full of shite she can't fly.
0
Posted on 2/7/25 at 4:31 pm to 1999
Posted on 2/7/25 at 4:34 pm to TigerCoon
quote:
Pocahontas will go on the warpath
To be fair, it’s only 1/16 of a warpath
Posted on 2/7/25 at 4:35 pm to Lsupimp
quote:
Fauxcohontas just lost her little taxpayer funded personal fiefdom. GLORIOUS
Yup
Posted on 2/7/25 at 4:36 pm to Bazzatcha
Don’t deal with sketchy banks and lenders and that won’t happen.
Posted on 2/7/25 at 4:39 pm to 1999
Straight to the Fed. Do not pass go. Do not get Congressional approval:
quote:
Moreover, the CFPB funds itself unilaterally — without Congress — setting its own budget and requisitioning funds from the Federal Reserve. In surrendering the power to pull hard on the CFPB’s purse strings, Congress gave the agency free rein. Never mind the hundreds of years the English-speaking peoples spent in periodic political resistance to ensure that, as a basic matter of accountability, executive officials remain fiscally beholden to elected legislators.
Posted on 2/7/25 at 4:39 pm to idlewatcher
Maybe she'll recruit Iron Eyes Cody and Chief Jay Strongbow.
Posted on 2/7/25 at 4:44 pm to back9Tiger
quote:It means Elizabeth Warren is going to be screeching like amplified fingernails across a blackboard.
What does that mean?
Posted on 2/7/25 at 4:46 pm to omegaman66
quote:
Elon tweeted it so it must be good yay. So what the hell is CFPB? And how much money does this save?
They are the group that tells banks they are bad for charging overdraft fees.
Posted on 2/7/25 at 4:47 pm to Papercutninja
Wow
Posted on 2/7/25 at 4:48 pm to back9Tiger
quote:
What does that mean?
Pocahontas will be on warpath.
Posted on 2/7/25 at 4:51 pm to Lsupimp
quote:
Fauxcohontas just lost her little taxpayer funded personal fiefdom. GLORIOUS.
Yep, this …. “ financial regulation for profit”
This post was edited on 2/7/25 at 4:53 pm
Posted on 2/7/25 at 4:54 pm to omegaman66
quote:
Elon tweeted it so it must be good yay. So what the hell is CFPB? And how much money does this save?
This is definitely a good thing. As a banking professional in the compliance field, I couldn't be happier.
As an example, rule 1071 was supposed to be going into effect in July 2025, which requires banks to gather and report information on small business customers to include women-owned status, minority-owned status and LGBTQ-status. Good fricking riddance. Thank you Don and Elon!
Posted on 2/7/25 at 5:00 pm to Bazzatcha
quote:
Bazzatcha
Bro don't come in here telling this board about the good things the institutions do to protect the little guy.
This board is full of temporarily embarrassed billionaires who if they just work a little bit harder and tug on their bootstraps a little harder, they will be rich oligarchs too.
The only thought allowed on this board for the 65 IQ MAGA posters goes is this: "government bad; elon is god"
That is the entire political philosophy. The MAGA crowd worships Elon only second to Daddy Trump.
For a group of self-described Christians, they do worship many other gods which is against the rules if I remember from Sunday School..
Posted on 2/7/25 at 5:02 pm to Papercutninja
So this is the reason I get letters in the mail telling me my financial institution in doing things I never cared about anyway?
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