Thursday, November 13, 2025

Trump Putting Final Nail in Consumer Protection Coffin

Russell Vought advances plan to dismantle the Consumer Financial Protection Bureau -- The Trump White House doesn't just want to curtail the CFPB's efforts, it also wants to stop them " permanently.

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The Trump regime is declaring that funding for the CFPB is illegal. Remember: This is the agency that protects Americans from financial predators. Anti-CFPB oligarchs, who spent millions to re-elect Trump, will now have an easier time padding their pockets by ripping you off.

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-- Robert Reich (@rbreich.bsky.social) Nov 12, 2025 at 4:15 PM

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"A month later, Vought " one of the key authors of the right-wing policy blueprint Project 2025, which called for the CFPB's demise " is advancing his plan anyway."

"The Trump administration has formally determined the Consumer Financial Protection Bureau's current funding mechanism is unlawful, a move that puts the agency on track to close in the coming months when its existing cash runs out.

The decision, disclosed in a court filing late Monday, marks the administration's most direct effort yet to dismantle the consumer watchdog and sets up a new front in the ongoing legal battle over its future.

The administration said it now considers the CFPB legally barred from seeking additional money from the Federal Reserve, which is the agency's typical source of funding." - Politico

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"A report from The New York Times added soon after that this one agency "has clawed back $21 billion for consumers. It slashed overdraft fees, reformed the student loan servicing market, transformed mortgage lending rules and forced banks and money transmitters to compensate fraud victims."

The Trump White House doesn't just want to curtail these efforts, it also wants to stop them " permanently."

#1 | Posted by Corky at 2025-11-12 04:12 PM

Thanks magat scum

This agency was designed to help YOU

#2 | Posted by truthhurts at 2025-11-12 04:19 PM

Can't wait to see them crowding onto to this thread to explain to us how the Consumer Financial Protection Agency is an evil Dem plot against 'Murica.

#3 | Posted by Corky at 2025-11-12 05:04 PM

I guess this leaves us with only one alternative.

Jill Stein 2028!

#4 | Posted by censored at 2025-11-13 09:07 PM

#4

She's a 75 year old Russian Jew... there's a good chance that she and Trump are dating. Of course, he's just trying to sell her a condo in Mar a Lardo.

#5 | Posted by Corky at 2025-11-13 09:20 PM

You're going to be so rich that you won't want to be protected! You're going to be so rich that you're going to say "Please Mr. President, no more money, it's too much"!

#6 | Posted by Derek_Wildstar at 2025-11-14 12:58 PM

She's a 75 year old Russian Jew... there's a good chance that she and Trump are dating.

She's 60 years too old for Pedo47

#7 | Posted by Nixon at 2025-11-14 01:46 PM

Just another action by Ped47 that violates the constitution.

#8 | Posted by Nixon at 2025-11-14 01:47 PM

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