Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Rhiannon12866

(224,278 posts)
Sat Dec 21, 2024, 09:40 PM Saturday

CFPB Director: Wall Street wants a lap dog, not a watchdog - Velshi - MSNBC



After The Great Recession, the government set up the Consumer Financial Protection Bureau — an independent bureau to protect the consumer from abuses by financial institutions and companies. Now there is talk from Elon Musk about dismantling it in the upcoming Trump administration.

Rohit Chopra, the director of the CFPB, joins Ali Velshi to explain why the bureau is so important to the American consumer. “When people come to the CFPB, we require those companies to respond, and every single day, problems get fixed…we can't really have a system where people are getting ripped off with impunity and no one is taking any action at all.” - Aired on 12/21/2024.

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Bluethroughu

(5,985 posts)
1. We've been there before. 1929!
Sat Dec 21, 2024, 10:15 PM
Saturday

The bigger they are, the harder they fall.

Last time they all put pistols in their mouths, because the thought of being poor.

The poor, hungry, and tired built this nation!
We are not going to allow a bunch of greedy, lawless, soul-less people destroy it.

"Tremble, O Shirkers and Takers!
Sweeping the earth--- we come!"
Cry of the People
By John G. Neihardt

Rhiannon12866

(224,278 posts)
2. Well said! The economy is doing stellar thanks to Biden, but TFG's threats would certainly cause a recession
Sat Dec 21, 2024, 10:17 PM
Saturday

Rhiannon12866

(224,278 posts)
4. You're right, I caught the news yesterday. TFG and Elon are already thinking they run the country and it's having an effect
Sat Dec 21, 2024, 10:35 PM
Saturday

magicarpet

(16,935 posts)
5. It is all part of the Eloon & Diaper donnie tough guy alpha bro look.
Sat Dec 21, 2024, 11:11 PM
Saturday

Biden is a pinko whimpy whimp so they just push him around like he does not deserve the space his body occupies.

This new team has a crash bang boom sort of approach to everything. They have a mandate from the voters and they intend to grab everything they want without hesitation or apprehension.

The alpha males will take care of everything to make you feel safe and help you become successful. Just trust in our skills and expertise to Make AneriKKKa Great Again.

Latest Discussions»Issue Forums»Cable News Clips»CFPB Director: Wall Stree...