Supporting gutting the CFPB like that by starving it of resources or creating structures that don't allow it to do its job, there is no real good argument for it other than representing those who are essentially breaking the law.
Toomey critiques the lack of accountability in the CFPB and its implications.
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I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.
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