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.
Yeah, it is a bit like how angler fish use “small fish populism” to get their dinner by dangling a lie in front of small fish until it is too late for them.
The “rightwing populism” nodule of this angler fish is visible in the top left corner of image