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Political Discussion
Reply to "Shutting down the CFPB"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How many lawsuits have they dropped over the last few weeks? Those defrauded consumers will never, ever get their money back now. Can someone explain why this administration wants to protect skeezy lenders? [/quote] Republican Senate just passed a bill increasing bank overdraft fees, which had been capped by a CFPB rule at $5. The average overdraft fee when not capped is $35. [twitter]https://x.com/merylkornfield/status/1905393037829980645?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote] Have you heard of a thing called inflation? Can you get a five dollar footlong anymore? At least the people paying $35 overdraft fees didn't get debanked for reputation risks. [/quote]
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