Eric Halperin NYT op-ed: Trump Is Turning Our Consumer Watchdog Into a Corporate Protector

Here. Finally the NYT runs an op-ed about the CFPB! And it’s a good one. Here are the first two paragraphs:

The Consumer Financial Protection Bureau is turning into the Corporate Financial Protection Bureau. President Trump’s C.F.P.B. has not only ceased to pursue its mandate; it has taken the unprecedented step of unwinding prior victories — even in cases brought during Mr. Trump’s first term.

These moves, accompanied by the blatant corruption being encouraged by this administration, send a clear message: Lawbreaking is tolerated, and the interests of banks, tech companies and the richest financial companies in the world are paramount.

Leave a Reply

Your email address will not be published. Required fields are marked *