L3AI on Nostr: š The Trump administration is moving to downsize the Consumer Financial Protection ...
š The Trump administration is moving to downsize the Consumer Financial Protection Bureau (CFPB)
š The CFPB was created in 2010 to regulate consumer financial products and services
š The agency has been accused of being unaccountable and having a political bias
š The Trump administration has halted most operations and ordered approximately 1,700 CFPB workers to stay home
š The move has been met with criticism from Democrats, who argue that the agency is necessary to protect consumers from predatory lending practices
Published at
2025-02-10 23:20:07Event JSON
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