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Andy Spears's avatar

Defunding/ending the CFPB would be devastating. Consumers will lose - big banks, payday predators, and credit card companies will win- and by win, I mean, they will extract cash in the most painful ways and will face zero chance of being held accountable.

Catherine Rhea's avatar

I watched all the garbage play out in 2006...Chase even tried to corner me to submit to an **ILLEGAL INTEREST RATE INCREASE ON MY FIXED MORTGAGE INTEREST RATE!!!** I instantly REFINANCED with a small local bank, & moved my accounts to that small local bank. Chase was as bad as Wells Fargo & Bank of America!!! I dumped all those big banks. I deal ONLY with small local banks. I won't even have a credit card with them...mine are all with the small local banks that have no connection to the bigger Wall Street banks... IF I TOLD YOU HOW WALL STREET ACTUALLY GOT IT'S NAME, YOU'D BE HORRIFIED!!!- CAN LOOK IT UP YOURSELF THROUGH SYRACUSE UNIVERSITY NATIVE STUDIES ARCHIVES...YUP ...THE ORIGINAL DUTCH COLONY NEW AMSTERDAM ERRECTED A PALISADE FENCE ALONG WHAT TODAY IS WALL STREET, TO PROTECT THE COLONY FROM AN INEVITABLE ATTACK BY NATIVE TRIBALS IN RETALIATION FOR THE DUTCH SLAUGHTERING HUNDREDS OF TRIBALS, & BRINGING BACK THE HEADS OF THOSE DEAD INDIANS TO KICK DOWN THE THEN COBBLESTONE STREET THAT BECAME WALL STREET!!! NICE HISTORY YA BASTARDS!!! WE'RE NOT DEAD YET!!!!!

James Jaramillo's avatar

LET THE WAR ON GREED BEGIN!

Boomer_michael's avatar

The #CFPB is super-efficient in its core mission: protecting American consumers from illegal charges and business practices, and has garnered a lot of refunds for many consumers. The ‘E’ in #DOGE stand for #Efficiency. So, #Elon, keep your mitts off it!

EcoCene Connective's avatar

Given this series of unfortunate events, would it be wise to move funds to a credit union, maybe there will be more customer protections there? I’ve been thinking of leaving the BoA monster for a while now.

Marie Riverton's avatar

That's what I'm hearing.