#cfpb — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #cfpb, aggregated by home.social.
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Rohit chopra to head newly created California Business and Consumer Services Agency.
#lawfedi #consumerprotection #CFPB
https://www.politico.com/news/2026/05/12/newsom-appoints-rohit-chopra-california-consumer-agency-00917844 -
A Federal Worker Was Fired for Filming #DOGE. Now She’s Running for #Congress
#AlexisGoldstein , a former #ConsumerFinancialProtectionBureau employee, was fired this year for recording DOGE’s incursion into the agency.
#election #vote #privacy #security #cfpb -
Lawmakers Demand Answers About Growing Number of Unfixed Mistakes on #CreditReports
found that 2 of the 3 major #creditBureaus — #TransUnion & #Experian — had substantially scaled back how often they provided relief to complaints filed through the #ConsumerFinancialProtectionBureau. The decline in relief coincided with the #Trump admin’s attempts to conduct mass #layoffs at the #CFPB & roll back much of its #oversight of the #financial sector.
#maga #privacy #financehttps://www.propublica.org/article/credit-report-mistakes-lawmakers-letter
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"Fraud is legal": Trump Regime Legalizes Ultra-Wealthy Crimes And Scams #fraud #deadbeats #thieves #conmen #GOPLiesAboutEverything #scammers #EpsteinClass #CFPB youtube.com/watch?v=mtBU...
‘FRAUD IS LEGAL’: Trump Regime... -
Please copy and paste into the form on the website of your Senators and Representative and share with friends. https://www.congress.gov/contact-us
New rules for the Consumer Financial Protection Bureau (CFPB) mean we now need legislation that specifically requires the performance of disparate impact analysis to seek out examples of lending discrimination.
I want you to require the CFPB to conduct regular examinations of the algorithms, zip code filters, and loan approval rates of banks and other lending institutions to see how these approvals break out along racial and gender lines.
This used to be the actual job of the #CFPB, but this Republican Administration just stripped disparate impact analysis from the Equal Opportunity Credit Act. Under the new rules, lending discrimination would only be considered to exist done deliberately and documented, like saying "no, because she's a woman" or "no, because he lives in a poor neighborhood" on the application.
Banks and lenders were held accountable if their policies disproportionately harmed women, people of color, or low-income borrowers. That's how the CFPB caught banks redlining and locking entire communities out of homeownership and credit.
The CFPB is abandoning its legislatively mandated mission to ensure credit markets are fair and free of discrimination and I need you to fix this. I need you to codify the examination of potential lending discrimination into law in ways that protect all Americans.
#Resist #ResistOfTheDay -
"CFPB data shows that since Trump’s inauguration in January 2025, more than 2.7 million credit reporting complaints submitted to the #CFPB have gone without relief, leaving some people at risk of being denied loans, housing or employment and subject to higher rates from insurers and lenders" https://www.propublica.org/article/credit-report-mistakes-cfpb-experian-transunion
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"CFPB data shows that since Trump’s inauguration in January 2025, more than 2.7 million credit reporting complaints submitted to the #CFPB have gone without relief, leaving some people at risk of being denied loans, housing or employment and subject to higher rates from insurers and lenders" https://www.propublica.org/article/credit-report-mistakes-cfpb-experian-transunion
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Donald Trump’s Ls for the week SO FAR
https://youtube.com/shorts/1VhgTxTRRuo
#ItsOnlyTuesday
#USPol #Amandas_Mild_Takes #YouTubeShorts #Satire
#OperationEpsteinFury #TrumpIranWar
#FCCChairBrendanCarr
#GasPriceHike
#RFKjr #Vaccines #AAP #Pediatrics
#FedChairJeromePowell
#CFPB
#DOJ #DOJLawyersQuit #DOJLawNewGrads
#MeatPackingStrike #UptonSinclair
#Inflation #Stagflation
#VoterFraud #NV #FBI
#KristiNoem #Perjury #SenateJudiciary
#GregBovino
#ICEWarehouse #GA -
More lawlessness (probably misappropriating to pay for the Big Ugly Bill), J udge rules against Trump on CFPB funding authority #CFPB
https://thehill.com/regulation/court-battles/5783614-cfpb-consumer-watchdog-trump-vought/ -
"Her credit score plunged roughly 85 points because of a $240,000 student loan debt she does not owe.
She repeatedly asked the nation’s big three credit reporting companies to correct the mistake, submitting documentation showing the debt belonged to her ex-husband.
Even the loan’s account manager confirmed she wasn’t responsible."
https://www.propublica.org/article/credit-report-mistakes-cfpb-experian-transunion
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The Consumer Financial Protection Bureau has returned BILLIONS to Americans, but now it is under fire.
In the latest Blue Vote Café episode, Heather Booth of JANE and Midwest Academy joins us to talk about why the CFPB is so important and expose the efforts by the Trump administration to tear it down.
🎧 Listen: BlueVoteCafe.com or wherever you get your podcasts
🗳️ Vote: Request your 2026 ballot at VoteFromAbroad.org
#BlueVoteCafe #DemocratsAbroad #CFPB #Vote2026 #Podcast #VoteFromAbroad -
"The #TrumpAdministration’s ongoing effort to dismantle the Consumer Financial Protection Bureau cost Americans nearly $20 billion in just a year, according to a report released Monday as Democratic lawmakers and campaigners marked the anniversary of the White House’s hostile takeover and gutting of the #CFPB." https://www.commondreams.org/news/trump-consumer-financial-protection-bureau
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Banking Dive: Dive Deposits: CFPB tamps down on complaint portal. “The CFPB will discontinue processing complaints, it said, if a credit reporting agency alerts the bureau that the consumer did not first dispute the information directly with a credit bureau first. Further, the CFPB demands that consumers wait 45 days after directing their complaints to a credit reporting agency before […]
https://rbfirehose.com/2026/02/10/dive-deposits-cfpb-tamps-down-on-complaint-portal-banking-dive/ -
"On January 30, the Consumer Financial Protection Bureau (CFPB) began accepting public comments on whether the agency’s complaint intake system, which allows consumers to file public complaints against credit reporting companies, “is necessary for the proper performance of the functions” of the agency. The request for comment also seeks ideas on how to “minimize the burden of the collection of information” on companies flagged.
A potential rule change could make it harder for consumers to file complaints and publicize mistakes made by these credit reporting companies, which can “devastat[e]” families with higher interest rates and loan denials, according to a recent press release from the National Consumer Law Center, a nonprofit law group.
Three days before the announcement, the Consumer Data Industry Association — the lobbying group representing the “Big Three” credit reporting firms, Equifax, Experian, and TransUnion — noted in a letter to the CFPB that it should “cease publishing data related to individual consumer complaints” and that the bureau’s consumer complaint database is akin to a “Yelp for Financial Services.”
https://jacobin.com/2026/02/credit-reporting-transparency-regulations-trump/
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CFPB to issue guidance about Earned Wage Access products.
#lawfedi #CFPB #consumerproection -
During #Trump’s first term in 2020, #SCOTUS took another step toward expanding the president’s authority to oust #independent ofcls. In a 5-to-4 decision in #Seila Law LLC v. #CFPB, the court said the structure of the CFPB was unconstitutional because it did not allow the president to fire the director without cause.
But the decision distinguished between government agencies run by a single director & those led by multimember commissions that “do not wield substantial executive power.”
#law 🧵
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#SCOTUS has ruled #Congress cannot limit the president’s #power to fire agencies led by a single official. The question before the court today is if it can insulate members of multi-member commissions from removal.
In 2020, in ruling Congress could not limit the president’s power to fire the head of the #CFPB, CJ #JohnRoberts wrote the ruling “does not foreclose Congress from pursuing alternative responses to the problem—for example, converting the CFPB into a multimember agency.”
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…Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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And #RussVought has refused to request money for the #CFPB from the #FederalReserve, which funds its operations. The bureau warned in court filings that it would run out of operating cash early next year.
The #Trump admin is pursuing a variety of changes to give it greater sway over how #independent #financial regulators, including the Fed, oversee #WallStreet. Trump’s appointees have slashed supervision staffing & curtailed the scope of agencies’ #bank exams.
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The new pledge is, for now, mostly symbolic. #RussVought halted nearly all work at the #CFPB shortly after his arrival in February, & #bank examinations have not resumed. The agency’s hundreds of examiners have been told to spend their time closing out all open matters; they are currently barred from initiating new ones.
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“Is this fan fiction I’m reading?” Cat Farman, a bureau employee & the president of the staff union, wrote. She added, “Instead of traumatizing #CFPB workers with his role-play fantasies, Vought should resign so we can finally do our jobs protecting Americans from #WallStreet #fraud again.”
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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In a notice announcing the change, the #CFPB described its own supervision department as “the weaponized arm” of the agency under its #Biden-era director & said its exams had been carried out with “thuggery.”
On Monday, the consumer bureau’s staff #union fired back with a statement denouncing the pledge as “creepy” & “disrespectful.”
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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On Friday, the #CFPB said it would now require its #financial examiners to recite a “humility pledge” to companies before beginning a review.
“The upcoming supervision examination cycle is going to be fundamentally different from the prior ones,” the pledge begins. It then details a set of changes, including a more limited review scope & an agency commitment to “work collaboratively” with the businesses it oversees.
#law #corruption #government #oversight #Project2025 #RussVought #Trump
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This is a super freaking weird way of undermining #corporate #accountability.
#Banking is one of the US’ most tightly regulated industries, & confidential bank examinations carried out by independent federal regulators are a core guardrail for protecting the safety & soundness of the financial system.
#RussVought, #Trump #OMB director, is not a fan of how the #CFPB, where he is acting director, has carried out those exams.
#law #corruption #oversight #Project2025
https://www.nytimes.com/2025/11/24/business/consumer-bureau-humility-pledge.html?smid=nytcore-ios-share -
This is a super freaking weird way of undermining #corporate #accountability.
#Banking is one of the US’ most tightly regulated industries, & confidential bank examinations carried out by independent federal regulators are a core guardrail for protecting the safety & soundness of the financial system.
#RussVought, #Trump #OMB director, is not a fan of how the #CFPB, where he is acting director, has carried out those exams.
#law #corruption #oversight #Project2025
https://www.nytimes.com/2025/11/24/business/consumer-bureau-humility-pledge.html?smid=nytcore-ios-share -
This is a super freaking weird way of undermining #corporate #accountability.
#Banking is one of the US’ most tightly regulated industries, & confidential bank examinations carried out by independent federal regulators are a core guardrail for protecting the safety & soundness of the financial system.
#RussVought, #Trump #OMB director, is not a fan of how the #CFPB, where he is acting director, has carried out those exams.
#law #corruption #oversight #Project2025
https://www.nytimes.com/2025/11/24/business/consumer-bureau-humility-pledge.html?smid=nytcore-ios-share -
@FeloniousPunk
And that statistic, FeloniousPunk, is one of the reasons why the evil trolls at Project 2025 painted a target on the Consumer Finance Protection Bureau's back, and why the Trump regime destroyed it.
#CFPB #Project2026 #WageTheft #TrumpRegime #USPolitics #USEconomy -
Reminder - #2025 Will End With 300,000 Fewer #Federal #Workers, #Trump Official Says. The reduction would be the largest single-year decline in #civilian federal #employment since #WorldWarII. #economy #economics #nationalsecurity #healthcare #flooding #fema #nasa #noaa #irs #fdic #cfpb #usaid #statedepartment #government #politics #maga #authoritarian #education #research #science #foreignaffairs #poverty #starvation #medicine #diplomacy #transportation #FAA #expertise #knowledge #skills
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#Trump may proceed with dismantling and mass #layoffs at #CFPB, court rules. About 90% of the agency's staff were expected to receive #RIF notices #fired #government #employees. #consumerprotection #fraud #checking #banking #creditcards #loans #student #loans https://www.govexec.com/management/2025/08/trump-may-proceed-dismantling-and-mass-layoffs-cfpb-court-rules/407486/ Consumer Financial Protection Bureau
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"#Musk immediately attacked USAID, which accounts for all of one half of one percent of the budget, and is tasked with providing the impoverished with food and water and services like HIV prevention. But USAID was investigating Starlink, and so it was gutted. He went after the Consumer Financial Protection Bureau, which exists only to protect consumers from predatory financial institutions and has returned $21 billion to those who’ve been defrauded. But the CFPB was fielding over 300 complains about Tesla and would’ve had oversight into X’s payment processing, and so it was gutted. In fact, every single agency that Elon went after - #USAID, #CFPB, #DOL, #NLRB, #EPA, #DOT, #USDA - just so happened to be performing oversight into him or #SpaceX or #Starlink or #Tesla. And all of those agencies paid the price."
https://plus.briantylercohen.com/p/elon-leaves-with-reputation-in-tatters
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This article should have been titled Deregulation - Trump’s financial watchdogs promise a revolution. The regulatory pendulum swings violently #SEC #federalreserve #OCC #CFPB #CFTC #Crypto #gao #oversight #audits #regulations #congress #law Eeconomy #financialsystem #financialstability #pensions #fiduciary
The Economist no paywall https://archive.is/fZuMl#selection-1127.0-1131.40 -
CFPB Quietly Kills Rule to Shield Americans From Data Brokers
https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/
#cybersecurity #privacy #surveillance #databrokers #FCRA #CFPB -
CFPB Quietly Kills Rule to Shield Americans From Data Brokers
https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/
#cybersecurity #privacy #surveillance #databrokers #FCRA #CFPB -
CFPB Quietly Kills Rule to Shield Americans From Data Brokers
https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/
#cybersecurity #privacy #surveillance #databrokers #FCRA #CFPB -
CFPB Quietly Kills Rule to Shield Americans From Data Brokers
https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/
#cybersecurity #privacy #surveillance #databrokers #FCRA #CFPB -
https://www.popularmechanics.com/cars/hybrid-electric/a64555334/tesla-class-action-lawsuit/
Uh-Oh, a Class-Action Lawsuit Claims Tesla Is Speeding Up Odometers to Avoid Warranties
#TSLA #Tesla #nasdaq #elonmusk #nazi #elon #fascist #musk #us #coup #usa #junta #doge #usaid #irs #cfpb #cars #ev #autos #automobiles #tech #technology #odometers #mileage #lawsuit #classaction #customers #odometer #algorithm #warranty #legal #drivers #nazis #ai #xai #robots #robotaxi #taxis #transportation #safety
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https://www.popularmechanics.com/cars/hybrid-electric/a64555334/tesla-class-action-lawsuit/
Uh-Oh, a Class-Action Lawsuit Claims Tesla Is Speeding Up Odometers to Avoid Warranties
#TSLA #Tesla #nasdaq #elonmusk #nazi #elon #fascist #musk #us #coup #usa #junta #doge #usaid #irs #cfpb #cars #ev #autos #automobiles #tech #technology #odometers #mileage #lawsuit #classaction #customers #odometer #algorithm #warranty #legal #drivers #nazis #ai #xai #robots #robotaxi #taxis #transportation #safety
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https://www.popularmechanics.com/cars/hybrid-electric/a64555334/tesla-class-action-lawsuit/
Uh-Oh, a Class-Action Lawsuit Claims Tesla Is Speeding Up Odometers to Avoid Warranties
#TSLA #Tesla #nasdaq #elonmusk #nazi #elon #fascist #musk #us #coup #usa #junta #doge #usaid #irs #cfpb #cars #ev #autos #automobiles #tech #technology #odometers #mileage #lawsuit #classaction #customers #odometer #algorithm #warranty #legal #drivers #nazis #ai #xai #robots #robotaxi #taxis #transportation #safety
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https://www.popularmechanics.com/cars/hybrid-electric/a64555334/tesla-class-action-lawsuit/
Uh-Oh, a Class-Action Lawsuit Claims Tesla Is Speeding Up Odometers to Avoid Warranties
#TSLA #Tesla #nasdaq #elonmusk #nazi #elon #fascist #musk #us #coup #usa #junta #doge #usaid #irs #cfpb #cars #ev #autos #automobiles #tech #technology #odometers #mileage #lawsuit #classaction #customers #odometer #algorithm #warranty #legal #drivers #nazis #ai #xai #robots #robotaxi #taxis #transportation #safety
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https://www.popularmechanics.com/cars/hybrid-electric/a64555334/tesla-class-action-lawsuit/
Uh-Oh, a Class-Action Lawsuit Claims Tesla Is Speeding Up Odometers to Avoid Warranties
#TSLA #Tesla #nasdaq #elonmusk #nazi #elon #fascist #musk #us #coup #usa #junta #doge #usaid #irs #cfpb #cars #ev #autos #automobiles #tech #technology #odometers #mileage #lawsuit #classaction #customers #odometer #algorithm #warranty #legal #drivers #nazis #ai #xai #robots #robotaxi #taxis #transportation #safety
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#Federal #Judge Halts CFPB Purge
"acting #CFPB chief legal ofcr Paoletta gave all instructions on the #masspurge.. attempting to #exploit #loophole opened by an appeals court allowing CFPB to reduce its force, but only aft a “particularized assessment” of each employee & whether force reductions & stoppage of work wld affect any #statutory #obligations.. Paoletta said tt “leadership would assume the risk” of violating the court order"🧐⚖️
https://prospect.org/justice/2025-04-18-federal-judge-halts-cfpb-purge-again/ -
Ω🪬Ω
#TheCryptocalypseChronicles: How To Insider Trade And Influence People (With Tariffs)Ever since the big reveal of the nonsensical Trump Tariff Equation Americans have been coming to grips with a reality in which their financial future appears to be more or less entirely dependent on a series of wild proclamations emanating at random intervals from the mind of an economically illiterate and extremely orange madman who is drunk on his own power.
This decidedly less than ideal situation has created a reality where Donald Trump can award vast wealth to his friends and followers just by sending a few late night tweets tipping them off about what he's about to say.
It just so happens that data about stock market activity bears out this theory: someone is insider trading on Trump's tweets.
Retoots appreciated.
https://cryptadamus.substack.com/p/how-to-insider-trade-and-influence
#uspol #tariffs #tariff #Trump #DonaldTrump #ScottBessent #tradewar #corruption #crime #insidertrading #economics #recession #finance #SEC #CFPB
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Ralph Nader: Trump-Musk Dictatorship Is Awakening the American People's Resistance
Forget the use of the terms "autocracy" and "constitutional crisis." This is a savage #dictatorship, getting worse by the day.
Feb 15, 2025
https://www.commondreams.org/opinion/trump-musk-dictatorship
#RalphNader #TrumpMusk #MAGA #DOGE #USAID #softPower #CFPB #kleptocracy #CrueltyIsThePoint -
#Musk hopes to eradicate #CFPB that would oversee #regulating X
#ElonMusk made a big leap late last month toward his long-shot goal of turning #X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer #money, similar to Venmo or PayPal.
#law #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption #ConsumerFinancialProtectionBureau #technocracy #broligarchy
https://www.npr.org/2025/02/12/nx-s1-5293382/x-elon-musk-doge-cfpb -
#Musk hopes to eradicate #CFPB that would oversee #regulating X
#ElonMusk made a big leap late last month toward his long-shot goal of turning #X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer #money, similar to Venmo or PayPal.
#law #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption #ConsumerFinancialProtectionBureau #technocracy #broligarchy
https://www.npr.org/2025/02/12/nx-s1-5293382/x-elon-musk-doge-cfpb -
#Musk hopes to eradicate #CFPB that would oversee #regulating X
#ElonMusk made a big leap late last month toward his long-shot goal of turning #X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer #money, similar to Venmo or PayPal.
#law #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption #ConsumerFinancialProtectionBureau #technocracy #broligarchy
https://www.npr.org/2025/02/12/nx-s1-5293382/x-elon-musk-doge-cfpb -
#Musk hopes to eradicate #CFPB that would oversee #regulating X
#ElonMusk made a big leap late last month toward his long-shot goal of turning #X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer #money, similar to Venmo or PayPal.
#law #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption #ConsumerFinancialProtectionBureau #technocracy #broligarchy
https://www.npr.org/2025/02/12/nx-s1-5293382/x-elon-musk-doge-cfpb -
#Musk hopes to eradicate #CFPB that would oversee #regulating X
#ElonMusk made a big leap late last month toward his long-shot goal of turning #X into an "everything app," a service that could encompass a broad range of services, including the ability to transfer #money, similar to Venmo or PayPal.
#law #regulation #finance #tech #apps #Cybersecurity #InfoSec #security #privacy #fraud #oversight #corruption #ConsumerFinancialProtectionBureau #technocracy #broligarchy
https://www.npr.org/2025/02/12/nx-s1-5293382/x-elon-musk-doge-cfpb -
#ElizabethWarren: #codered: it's all about the money: #Trump campaigned to help working people but is doing the EXACT OPPOSITE in office
#drillbabydrill #scam baby #scam
#elonmusk and #project2025 author #RussellVought TRY TO DELETE #CFPB (Consumer Financial Protection Bureau)
https://en.wikipedia.org/wiki/Consumer_Financial_Protection_Bureaua #agency protecting #citizens from #finance #fraud the #financemafia that has lost it's #moralcompass centuries ago, or never had one to begin with
#banksters will trick you in every possible way to extract the last Dime out of you, the probably not so rich
if this goes through it will make things worse for ordinary people #usa you are #doomed
#fucksake #politics #trump #wtf #bankaccount #bank #banks #creditcard #studentloan #morebadnews #cmon
