On the recordFebruary 11, 2025
Giant banks hated this agency from the first time I ever talked about it, and the reason is pretty straightforward: it bites into the profits they would make from cheating people.
Source
motherjones.comGiant banks hated this agency from the first time I ever talked about it, and the reason is pretty straightforward: it bites into the profits they would make from cheating people.
Warren explains why banks oppose the CFPB, as it reduces their profits from dishonest practices.
Share & report
More from William Warren
Begging credit card companies to play nice is a joke. I said a year ago if Trump was serious I’d work to pass a bill to cap rates.
Since Day One, Donald Trump’s attacks on Social Security have made it harder for Americans to get their benefits. We launched our Social Security War Room a year ago to fight back and stop Trump’s damage, and that’s exactly what we’ve done,