Summary

The second Trump administration could dismantle key government agencies aiding working people, particularly the Consumer Financial Protection Bureau (CFPB).

Created after the 2008 financial crisis, the CFPB has secured major consumer wins under Biden-appointed director Rohit Chopra, such as capping overdraft fees and banning excessive credit card late fees.

Trump previously weakened the agency, and his return could prioritize corporate interests.

Progressives are urged to defend the CFPB’s achievements and use its success as a rallying point in future political campaigns.

  • PixellatedDave@lemmy.world
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    7 days ago

    Here we go again. Why do these threads always turn into pointing fingers at each other.

    I guess things will never change. It’s so ingrained to take the path of least resistance as opposed to focusing on the root.