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.

  • Snapz@lemmy.world
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    4 days ago

    Baby product company got away with a slap on the wrist recall for product that was killing kids. Their appointed solution was to announce a convoluted set of instructions on how to permanently destroy part of this device, but you could still go on using the now lesser product, missing a core feature that drove initial purchase. If you agreed and jumped through all the hoops, labeled defaced parts and sent the company photos, you’d receive a measly check for $25 in the mail in several weeks, for a product that was initially over $200.

    Obviously a horseshit, non-repair for the damage they caused and the loss of key functionality in product.

    Long story short, I emailed the CFPB, said “this seems like bullshit”, they said, “yeah, that doesn’t seem great, give me a minute…” The next day, I got a direct phone call from a woman at corporate for that large multinational cooperation who was just tripping over herself to offer me any solution I wanted, up to a full refund of original purchase price, without any further hassle.

    These systems work if you use them. Fucking trump sycophant idiots voting to take existing benefits away from yourselves and the people you love. Godamned failures of life.