Together, the administration, congressional Republicans and industry-backed lawsuits have undone a decade’s worth of CFPB rules on matters ranging from medical debt and student loans to credit card late fees, overdraft charges and mortgage lending.
The agency has also dropped or paused its probes and enforcement actions, and stopped supervising the consumer finance industries, leading to a string of resignations.
The CFPB and the White House did not respond to requests for comment.
This regime needs tried and executed as soon as possible - where are our allies???
Waiting on our own to show backbone.
What allies? The ones we shit on or otherwise try to manipulate and strong man?
Even if they wanted to stop us we have 800+ military bases around the world ready to become functional points of invasion anywhere. We have a larger military than the next several countries combined not to mention a tendency toward shooting ourselves in the foot to spite our enemies. Why would anyone step in and if they did what would they even do?
We are on our own here. We gotta excise this from the inside out. Where are our allies? They’re your neighbors.