One question for all Trump supporters "Are you consumers?"

[Luckyone]

Are you a consumer? Do you want to be protected against people that would take advantage of you?

I have to assume that you do, given that you support Trump because he wants to get rid of corruption, fraud and abuse.

If that is the case, why is it that Trump wants to get rid of the CFPB?

Trump administration cutting nearly 90% of Consumer Financial Protection Bureau​

AI Overview

The Consumer Financial Protection Bureau (CFPB) is a U.S. government agency focused on protecting consumers in the financial sector. It does this by implementing and enforcing federal consumer financial laws, supervising financial institutions, and taking action against those who engage in unfair or deceptive practices. The CFPB also works to enhance financial education, research consumer experiences, and monitor financial markets for new risks.

Here's a more detailed look at what the CFPB does:

1. Rulemaking and Enforcement:

• The CFPB develops and enforces rules to ensure financial markets are fair, transparent, and competitive.
• It takes enforcement actions against financial institutions for violating consumer financial laws, such as those involving deceptive advertising or predatory lending.
• The CFPB can also take action against individuals or businesses that engage in unfair, deceptive, or abusive practices.

2. Supervision and Examination

• The CFPB supervises banks, credit unions, and other financial institutions to ensure compliance with consumer financial laws.
• It conducts examinations to assess compliance and identify potential risks to consumers.
  
  3. Consumer Protection and Education:

• The CFPB provides educational resources to help consumers understand their financial rights and make informed decisions.
• It accepts and investigates consumer complaints about financial products and services, says the Consumer Financial Protection Bureau (.gov).
• The CFPB also works to make financial products and services more transparent and easier for consumers to understand.
  
  4. Monitoring Financial Markets:

• The CFPB monitors financial markets for new risks to consumers, such as the emergence of new financial products or services.
• It also uses technology tools to monitor how financial institutions use social media and algorithms to target consumers.
  
  Examples of CFPB Actions:

• The CFPB has issued rules limiting overdraft fees and medical debt on credit reports.
• It has sued financial institutions for allegedly failing to protect customers from fraud on payment apps like Zelle.
• The CFPB has also taken action against companies for misleading consumers about high-yield checking accounts.

Who benefits from such a closure?

Who Benefits from Trump’s Move to Shut Down Consumer Financial Protection Bureau?​

The decision to shutter the CFPB looks to be another example of the donor class holding sway over Washington.

President Trump campaigned on providing economic relief to working Americans, promising to “drive down prices” on day one. His running mate, JD Vance, made his name with a message of economic populism, writing in his 2016 memoir that the nation needs “a leader who is not in the pocket of big business, but answers to the working man, union and nonunion alike.” It’s striking, then, that the administration is attempting to shutter the Consumer Financial Protection Bureau (CFPB), the federal agency whose mission is to protect consumers from the sort of deceptive and abusive financial practices that led to the 2008 financial crisis, in which millions of Americans lost their homes and life savings.

This raises the question: What is really driving the effort to shutter the CFPB?

From the perspective of the finance industry and its allies, some of whom have made no secret of their disdain for the CFPB, the agency’s consumer protection activities impose unacceptable costs on business. Donors from the broader financial services industry, including hedge funds and investment banks, spent hundreds of millions of dollars supporting Trump’s presidential bid, and some have now taken on prominent administration positions. Other Trump donors, including Department of Government Efficiency head Elon Musk, have also made it plain that they see the CFPB as an impediment to their business interests.

I can certainly see why Trump and Musk want to get rid of it:

The question is "do you want your protections taken away from you"?

"Do you want to feed the pocketbooks of the rich (at your own personal cost)"?

 

[gtopa1]

I want US goods in Oz to be tariff free and more abundant please. The Chinese made shit that fills our shelves at Hardware stores is just disgusting. The strategy is clear and has been for fifty years; destroy competitors and then up the prices when that is completed, and though the Chinese junk may indeed be fit for purpose for a month or two after that you can usually chuck it. Now my Milwaukees and AEGs..............I've had them for years. And they work as well now as they ever did. My old Jeep? 250,000 miles on the clock and I've just done a refurbish; even though (because) it is made in Austria it is just "attached" to me; love it. (1999 V8).

So when Trump says "buy American" he is NOT just talking about yanks!!

Greg

 

[whitehall]

It's alleged that Nancy Pelosi and her husband made millions from insider trading and so did other politicians on both sides. Where was the CFPB? How did Biden get to be a multi millionaire when he never had a real job?

 

[Toddsterpatriot]

The Consumer Financial Protection Bureau (CFPB) is a U.S. government agency focused on protecting consumers in the financial sector.

How did we ever survive before Obama and Elizabeth Warren created the CFPB?

 

[Woodznutz]

The question is "do you want your protections taken away from you"?

I, and my insurance company, just got skinned by my doctors. Where was my protection?

 

[BluesLegend]

Oh here we go with the Dem SNOWFLAKES who are so pathetic they need INEPT government to protect them.

 

[Darkwind]

Are you a consumer? Do you want to be protected against people that would take advantage of you?

I have to assume that you do, given that you support Trump because he wants to get rid of corruption, fraud and abuse.

If that is the case, why is it that Trump wants to get rid of the CFPB?

Trump administration cutting nearly 90% of Consumer Financial Protection Bureau​

AI Overview

The Consumer Financial Protection Bureau (CFPB) is a U.S. government agency focused on protecting consumers in the financial sector. It does this by implementing and enforcing federal consumer financial laws, supervising financial institutions, and taking action against those who engage in unfair or deceptive practices. The CFPB also works to enhance financial education, research consumer experiences, and monitor financial markets for new risks.

Here's a more detailed look at what the CFPB does:

1. Rulemaking and Enforcement:

• The CFPB develops and enforces rules to ensure financial markets are fair, transparent, and competitive.
• It takes enforcement actions against financial institutions for violating consumer financial laws, such as those involving deceptive advertising or predatory lending.
• The CFPB can also take action against individuals or businesses that engage in unfair, deceptive, or abusive practices.

2. Supervision and Examination

• The CFPB supervises banks, credit unions, and other financial institutions to ensure compliance with consumer financial laws.
• It conducts examinations to assess compliance and identify potential risks to consumers.
  
  3. Consumer Protection and Education:
• The CFPB provides educational resources to help consumers understand their financial rights and make informed decisions.
• It accepts and investigates consumer complaints about financial products and services, says the Consumer Financial Protection Bureau (.gov).
• The CFPB also works to make financial products and services more transparent and easier for consumers to understand.
  
  4. Monitoring Financial Markets:
• The CFPB monitors financial markets for new risks to consumers, such as the emergence of new financial products or services.
• It also uses technology tools to monitor how financial institutions use social media and algorithms to target consumers.
  
  Examples of CFPB Actions:
• The CFPB has issued rules limiting overdraft fees and medical debt on credit reports.
• It has sued financial institutions for allegedly failing to protect customers from fraud on payment apps like Zelle.
• The CFPB has also taken action against companies for misleading consumers about high-yield checking accounts.

Who benefits from such a closure?

I can certainly see why Trump and Musk want to get rid of it:

View attachment 1101536

The question is "do you want your protections taken away from you"?

"Do you want to feed the pocketbooks of the rich (at your own personal cost)"?

You make the incorrect assumption that:

1. They were actually doing as you think they were, protecting consumers. That is questionable and
2. They cannot do the job without the bloat.


If you think that Government is good and can do no wrong, and that every program and every department is needed and necessary, do the world a favor.

Shut the fuck up. You are wrong.

 

[gtopa1]

Are you a consumer? Do you want to be protected against people that would take advantage of you?

I have to assume that you do, given that you support Trump because he wants to get rid of corruption, fraud and abuse.

If that is the case, why is it that Trump wants to get rid of the CFPB?

Trump administration cutting nearly 90% of Consumer Financial Protection Bureau​

AI Overview

The Consumer Financial Protection Bureau (CFPB) is a U.S. government agency focused on protecting consumers in the financial sector. It does this by implementing and enforcing federal consumer financial laws, supervising financial institutions, and taking action against those who engage in unfair or deceptive practices. The CFPB also works to enhance financial education, research consumer experiences, and monitor financial markets for new risks.

Here's a more detailed look at what the CFPB does:

1. Rulemaking and Enforcement:

• The CFPB develops and enforces rules to ensure financial markets are fair, transparent, and competitive.
• It takes enforcement actions against financial institutions for violating consumer financial laws, such as those involving deceptive advertising or predatory lending.
• The CFPB can also take action against individuals or businesses that engage in unfair, deceptive, or abusive practices.

2. Supervision and Examination

• The CFPB supervises banks, credit unions, and other financial institutions to ensure compliance with consumer financial laws.
• It conducts examinations to assess compliance and identify potential risks to consumers.
  
  3. Consumer Protection and Education:
• The CFPB provides educational resources to help consumers understand their financial rights and make informed decisions.
• It accepts and investigates consumer complaints about financial products and services, says the Consumer Financial Protection Bureau (.gov).
• The CFPB also works to make financial products and services more transparent and easier for consumers to understand.
  
  4. Monitoring Financial Markets:
• The CFPB monitors financial markets for new risks to consumers, such as the emergence of new financial products or services.
• It also uses technology tools to monitor how financial institutions use social media and algorithms to target consumers.
  
  Examples of CFPB Actions:
• The CFPB has issued rules limiting overdraft fees and medical debt on credit reports.
• It has sued financial institutions for allegedly failing to protect customers from fraud on payment apps like Zelle.
• The CFPB has also taken action against companies for misleading consumers about high-yield checking accounts.

Who benefits from such a closure?

I can certainly see why Trump and Musk want to get rid of it:

View attachment 1101536

The question is "do you want your protections taken away from you"?

"Do you want to feed the pocketbooks of the rich (at your own personal cost)"?

They've done a great job covering DemoKKKrats asses...until now. Buzz Buzz!!!

Greg

 

[EvilCat Breath]

The job can be done with 10% of the bloated workforce. Good. Trump wins again.

 

[Luckyone]

The job can be done with 10% of the bloated workforce. Good. Trump wins again.

Meaning: "You don't care if they take advantage of you"?

 

[Luckyone]

You make the incorrect assumption that:

1. They were actually doing as you think they were, protecting consumers. That is questionable and
2. They cannot do the job without the bloat.


If you think that Government is good and can do no wrong, and that every program and every department is needed and necessary, do the world a favor.

Shut the fuck up. You are wrong.

So answer this question "Who now will protect you against the rich taking advantage of you?"

 

[Luckyone]

They've done a great job covering DemoKKKrats asses...until now. Buzz Buzz!!!

Greg

So now, Trump and Musk will take advantage of you!

 

[Luckyone]

I, and my insurance company, just got skinned by my doctors. Where was my protection?

So now you can get skinned by even more people than your doctors. I hope you have lots of money so that everyone that skins you NOW is satisfied.

 

[Luckyone]

You make the incorrect assumption that:

1. They were actually doing as you think they were, protecting consumers. That is questionable and
2. They cannot do the job without the bloat.


If you think that Government is good and can do no wrong, and that every program and every department is needed and necessary, do the world a favor.

Shut the fuck up. You are wrong.

You think Musk and Trump will now watch out for you so that no one takes advantage of you???? Hahahaha

 

[luiza]

Troll Bot Mucky pretending that he does not know that the markets are riddled with corruption and and are manipulated a lot of the time .
Stop your patronising garbage Mucky .

 

[EvilCat Breath]

Meaning: "You don't care if they take advantage of you"?

I do care, and the bloated democrat controlled government has been taking advantage of me since I've been paying taxes. I want to see it gutted and cut down to size.

 

[Darkwind]

So answer this question "Who now will protect you against the rich taking advantage of you?"

I will, because they weren't.

But then, when you are raised and taught from an early age to depend upon the good graces of others, you are never taught that you are at their mercy.

Caveat Emptor.

 

[Darkwind]

You think Musk and Trump will now watch out for you so that no one takes advantage of you???? Hahahaha

View attachment 1101552

I think you are being the smuck that you are warning against.

Trump and Musk have no bearing on this conversation regarding who will protect you. THEY are just reducing the bloat in government and protecting us from ever-increasing taxation to finance that bloat.

Why are you trying to fleece the taxpayers of America?

 

[Luckyone]

I think you are being the smuck that you are warning against.

Trump and Musk have no bearing on this conversation regarding who will protect you. THEY are just reducing the bloat in government and protecting us from ever-increasing taxation to finance that bloat.

Why are you trying to fleece the taxpayers of America?

so then, who is going to protect you in Trumps presidency?

 

[Luckyone]

I will, because they weren't.

But then, when you are raised and taught from an early age to depend upon the good graces of others, you are never taught that you are at their mercy.

Caveat Emptor.

You have to be the most naive person ever born.