Trump wants to 'replace watchdogs with lapdogs': Ex-CFPB chief rips Trump Fed power grab

YouTube
#CFPB Quietly Kills Rule to Shield Americans From #DataBrokers
#RussellVought, acting director of CFPB, has canceled plans to more tightly regulate the sale of Americans’ sensitive personal data.
CFPB proposed the new rule in early December under former director #RohitChopra, who said the changes were necessary to combat commercial #surveillance practices that “threaten our personal safety and undermine America’s national security.”
https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/
https://archive.ph/zYlMJ
CFPB Quietly Kills Rule to Shield Americans From Data Brokers

“By withdrawing the CFPB’s data broker rulemaking, the Trump administration is ensuring that Americans will continue to be bombarded by scam texts, calls and emails," says Sean Vitka, executive director of Demand Progress.

WIRED
"It’s a situation that has caught the eyes of regulators and politicians, sometimes resulting in unexpected political alliances. Today on Lever Time, Senior Podcast Producer #ArjunSingh sits down with several current and former regulators, including recently dismissed Consumer Financial Protection Bureau Chair #RohitChopra, to learn how the tech sector is rapidly changing society at the expense of the working class—and what the government can do to stop it."
#BigTechVsGov
https://www.levernews.com/big-techs-forever-war/
Big Tech’s Forever War

Rohit Chopra and other experts discuss how technology is changing reality and what can be done to stop it.

The Lever

Good clip going through #DOGE bro #MarcAndreessen's absurd lies regarding #debanking and the #CFPB as he attempts to convince #JoeRogan that financial regulation should be abolished.

https://www.youtube.com/watch?v=FML74J7HZJs

#uspol #elonMusk #a16z #RohitChopra #RyanGrim #DropsiteNews #JoeRogan #FDIC #SEC #ElizabethWarren

Joe Rogan Will Believe Anything You Tell Him

YouTube

one of the more important regulators from the previous Democratic administration who was still on the job since Trump took office on Jan. 20. Chopra’s tenure saw the removal of medical debt from credit reports and limits on overdrafts penalties, all based on the premise that the financial system could be fairer and more competitive in ways that helped consumers.

#Trump #RohitChopra #CFPB
https://apnews.com/article/trump-chopra-consumer-financial-protection-bureau-47b6b39d0eff05ea0c9bca4eacf55b79
Trump fires Rohit Chopra, Consumer Financial Protection director

President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover. Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since Trump took office on Jan. 20. Chopra's tenure saw the removal of medical debt from credit reports and limits on overdrafts penalties. But many in the financial industry saw his actions as regulatory overreach. In a social media post Saturday about his departure, Chopra thanked people across the country who “shared their ideas and experiences” with the government’s consumer financial watchdog agency.

AP News

#Trump has fired the director of the #Consumer #Financial #Protection Bureau, #RohitChopra, in the latest #purge of a #Biden admin ofcl.

Chopra was one of the more important #regulators from the previous admin. Chopra’s tenure saw the removal of #MedicalDebt from #CreditReports & limits on #overdrafts #penalties, all based on the premise that the financial system could be fairer & more competitive in ways that helped #consumers.

#TrumpCoup2 #GovernmentOverthrow #law
https://apnews.com/article/trump-chopra-consumer-financial-protection-bureau-47b6b39d0eff05ea0c9bca4eacf55b79

Trump fires Rohit Chopra, Consumer Financial Protection director

President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover. Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since Trump took office on Jan. 20. Chopra's tenure saw the removal of medical debt from credit reports and limits on overdrafts penalties. But many in the financial industry saw his actions as regulatory overreach. In a social media post Saturday about his departure, Chopra thanked people across the country who “shared their ideas and experiences” with the government’s consumer financial watchdog agency.

AP News

Good #Sunday reading #MustShare
May Harris & the #progressive win🙏

"The turn to pocketbook #progressivism by both Biden & #Harris has 1 great thinker & political strategist in common, & tt's Sen #ElizabethWarren. Early in Biden’s admin, Warren was a source of both ideas & people. Some of Biden’s best & most effective appointees were part of Warren-world. They incl #RohitChopra, who heads #CFPB, which was Warren’s idea, & #FTC Chair #LinaKhan, who resurrected #antitrust."
https://prospect.org/blogs-and-newsletters/tap/2024-08-16-economics-according-to-harris/

Economics According to Harris

Today on TAP: Addressing corporate price-gouging, building housing, helping families. Good stuff and smart politics.

The American Prospect
Natural disasters attract ‘scam artists and fraudsters.’ Here’s how to avoid them after Hurricane Beryl.

Rohit Chopra, director of the Consumer Financial Protection Bureau, has some advice on avoiding financial danger amid storm recovery.

Houston Public Media
🏆The amazing #CFPB
"reversed several abuses of #predatory #capitalism & made them illegal. Rather than leaving it to deceived #consumers to take on giant corporations, CFPB does it on citizens’ behalf.. CFPB also demonstrates what’s possible when a resolute & incorruptible regulator such as #RohitChopra is lead'g an agency, VS too many regulators who r look'g fwd to revolving-door jobs in indust. CFPB’s success is vindication of e wisdom of its architect #ElizabethWarren"
https://prospect.org/blogs-and-newsletters/tap/2024-06-07-window-on-corporate-deceptions/
A Window on Corporate Deceptions

Today on TAP: The amazing creativity of the Consumer Financial Protection Bureau

The American Prospect
Pluralistic: How unions won a 30% raise for every fast food worker in California (14 Sept 2023) – Pluralistic: Daily links from Cory Doctorow