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The FRONT LINE, Against Republicans' PLUTOCRACY!!!!
- Thread starter Phoenix68
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Gabriel_Bell
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Shitshizpants does not want Consumers to have access to any form of consumer protection. He accepts bribes to wreck our government.
mark francis
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Trump Considering 'Pretty Significant' Changes to CFPB | PYMNTS.com
President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB).
www.pymnts.com
Trump Considering 'Pretty Significant' Changes to CFPB | PYMNTS.com
President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB).
www.pymnts.com
Trump Considering ‘Pretty Significant’ Changes to CFPB
Phoenix68
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Trump Considering 'Pretty Significant' Changes to CFPB | PYMNTS.com
President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB).Trump Considering ‘Pretty Significant’ Changes to CFPB
Phoenix68
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"The Consumer Financial Protection Bureau (CFPB) has taken action against UnitedHealth Group and other institutions for violating consumer financial laws.".
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UnitedHealthcare-Affiliated Insurers To Pay $165M For
Misleading Massachusetts Consumers
January 8, 2024
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UnitedHealthcare-Affiliated Insurers To Pay $165M For
Misleading Massachusetts Consumers
January 8, 2024
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Phoenix68
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"The Consumer Finance Protection Bureau is suing Capital One, as it claims the bank failed to pay more than $2 Billion in interest to its customers.
The consumer bureau, a federal agency responsible for consumer protection in the finance sector, alleges Capital One marketed its 360 Savings account as having some of the best interest rates in the country but did not mention to those customers that its newer product, the 360 Performance Savings account, had interest rates of up to 4.35%, compared to the 0.30% rate of 360 Savings.
The agency alleges the bank "schemed" for members to keep their lower-yield 360 Savings accounts open by freezing their interest rates, giving the lower- and higher-yield accounts similar names and not marketing the higher-yield accounts to them."
The consumer bureau, a federal agency responsible for consumer protection in the finance sector, alleges Capital One marketed its 360 Savings account as having some of the best interest rates in the country but did not mention to those customers that its newer product, the 360 Performance Savings account, had interest rates of up to 4.35%, compared to the 0.30% rate of 360 Savings.
The agency alleges the bank "schemed" for members to keep their lower-yield 360 Savings accounts open by freezing their interest rates, giving the lower- and higher-yield accounts similar names and not marketing the higher-yield accounts to them."
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Phoenix68
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"The Trump oligarchy has effectively shut down the Consumer Financial Protection Bureau, at least for now. Over the weekend, acting CFPB head Russell Vought stopped all agency supervision and announced he would not seek further funding. On Monday, he sent an email to all CFPB employees telling them, “Do not perform work tasks.” This followed an announcement from the previous temporary head — Treasury Secretary Scott Bessent — a few days earlier that he was freezing all the CFPB’s regulatory and enforcement actions. Presidunce Spanky's adviser and billionaire oligarch Muskrat immediately signaled his approval. “CFPB RIP” he wrote."
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the annoying thing
Well-Known Member
what did musk find there , be honest now
Phoenix68
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"Presidunce Spanky’s administration halted defunding the Consumer Financial Protection Bureau (CFPB), after Democracy Forward, on behalf of the city of Baltimore and a nonprofit, filed a lawsuit.
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According to a joint motion filed Thursday, the plaintiffs and the Trump administration — specifically Office of Management and Budget Director Russell Vought, who’s currently the acting head of the CFPB — agreed that none of the agency’s funding will change until the court hears the case.
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“The Consumer Financial Protection Bureau protects all Americans from predatory and discriminatory practices,” Democracy Forward President and CEO Skye Perryman said in a statement. “It has returned $20 Billion back to the American public, yet again, it is unfortunate we have had to resort to litigation to protect this consumer watchdog.”
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According to a joint motion filed Thursday, the plaintiffs and the Trump administration — specifically Office of Management and Budget Director Russell Vought, who’s currently the acting head of the CFPB — agreed that none of the agency’s funding will change until the court hears the case.
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“The Consumer Financial Protection Bureau protects all Americans from predatory and discriminatory practices,” Democracy Forward President and CEO Skye Perryman said in a statement. “It has returned $20 Billion back to the American public, yet again, it is unfortunate we have had to resort to litigation to protect this consumer watchdog.”
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![gop-cry-baby[1].webp](https://www.houseofpolitics.com/data/attachments/19/19214-df5a1d9ed0a8ebab2e5f1fef4b909520.jpg?hash=RCYfky_e8B "gop-cry-baby[1].webp")
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the annoying thing
Well-Known Member
you dont like the fact trump is doing away with waste and fraud
Phoenix68
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you dont like the fact trump is doing away with waste and fraud
the annoying thing
Well-Known Member
prove otherwise
Phoenix68
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The U.S. Consumer Financial Protection Bureau on Thursday dropped five enforcement actions against financial services companies accused of wrongdoing under the prior administration, including a major case against Capital One, opens new tab.
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The unprecedented mass dismissals eviscerated much of the watchdog agency's remaining stable of legal actions against financial services companies investigated for abusive and predatory practices.
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The agency dropped the case against Capital One after accusing the bank last month of illegally cheating customers out of more than $2 Billion in interest payments.
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It also dismissed on Thursday a lawsuit brought last year against the student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), accused of illegally collecting on student loans discharged in bankruptcy.
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It also dropped cases against Rocket Homes, which the agency in December charged with resorting to illegal kickbacks in a mortgage scheme, and Heights Finance, an installment lender officials had accused of illegal "loan churning" to generate hundreds of millions in fees and added costs."
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The unprecedented mass dismissals eviscerated much of the watchdog agency's remaining stable of legal actions against financial services companies investigated for abusive and predatory practices.
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The agency dropped the case against Capital One after accusing the bank last month of illegally cheating customers out of more than $2 Billion in interest payments.
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It also dismissed on Thursday a lawsuit brought last year against the student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), accused of illegally collecting on student loans discharged in bankruptcy.
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It also dropped cases against Rocket Homes, which the agency in December charged with resorting to illegal kickbacks in a mortgage scheme, and Heights Finance, an installment lender officials had accused of illegal "loan churning" to generate hundreds of millions in fees and added costs."
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Phoenix68
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"On Wednesday, the Senate voted to block the Consumer Financial Protection Bureau (CFPB) from monitoring digital payments companies for fraud and privacy concerns—which Democratic lawmakers Elizabeth Warren and Adam Schiff said gave Muskrat a "get out of jail free card."
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As a "special government employee" serving as a senior advisor to Donald Trump, Muskrat stands to "directly benefit", financially, from Spanky's efforts to dismantle the CFPB using the Musk-steered Department of Government Efficiency (DOGE), the senators wrote. The CFPB supervises the auto loan industry, impacting Musk's car company Tesla, and seemingly more concerningly, would have monitored fraud on X Money, the digital payments service Muskrat intends to launch this year on X."
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As a "special government employee" serving as a senior advisor to Donald Trump, Muskrat stands to "directly benefit", financially, from Spanky's efforts to dismantle the CFPB using the Musk-steered Department of Government Efficiency (DOGE), the senators wrote. The CFPB supervises the auto loan industry, impacting Musk's car company Tesla, and seemingly more concerningly, would have monitored fraud on X Money, the digital payments service Muskrat intends to launch this year on X."
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