Reply to CFPB RIFs today

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This makes me want to cancel my credit cards in protest. [/quote]

Look I hate to be alarmist but…it’s kind of scary how much is going completely unregulated right now. Especially given a looming financial crisis. I don’t think people understand how much CFPB and other regulators did to mitigate the financial effects of COVID, for instance. Remember how worried everyone was that people were going lose their jobs and there would be an absolute tsunami of foreclosures and a spiraling economy?!  [/quote]

That’s just it— why would anyone want to participate in an unregulated financial system? If you have three cards and can’t live without one, then get rid of two. Don’t give them anymore money.,[/quote]

People seem to have forgotten why the CFPB was set up in the first place. [/quote]

This is really typical of Republican governance though. “Things are working well so let’s remove the guardrails we have in place to make sure that things are working well.”

2008 really wasn’t that long ago. Attention spans are so short. [/quote]

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