During his first term, #Trump was hell-bent on eviscerating the authority of an agency that #Congress authorized to protect #consumers after the 2008 financial crisis. His choice to lead the agency in 2017 signaled his disdain: Mick Mulvaney, a fmr congressman who voted to abolish the #CFPB.

…But consumers needed then — & need now — a powerful advocate.

#law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #Musk #DOGE #USpol

When harmed, the average #consumer often doesn’t have the #money to defend themself. Hiring an attorney is expensive. Rooting out deceptive predatory practices should be left to the #government, not a family trying to make ends meet.

Remember the Great #Recession?

#CFPB #Trump #Musk #DOGE #law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #USpol