Advice from the #CFPB helped me to beat a bad debt that wasn't mine in court (I was my own lawyer). Armed with pertinent questions for the debt owner, I was able to prove that it wasn't my debt. But I wouldn't have been able to do it without that information (not without hiring a lawyer, which could end up costing more than the debt)!
Workers at the CFPB watch hopelessly as the GOP undoes their work
By KEN SWEET
Updated 7:27 AM EDT, July 15, 2025
NEW YORK (AP) — "The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable for nearly six months. CFPB employees say they essentially spend the workday sitting on their hands, forbidden from doing any work by directive from the White House.
"The bureau is supposed to be helping oversee the nation’s banks and financial services companies and taking enforcement action in case of #wrongdoing. Instead, the situation is Kafkaesque: the main function seems to be undoing the #rulemaking and law enforcement work that was done under previous administrations, including in President Donald Trump’s first term.
"American consumers can no longer look to the bureau for help when it comes to their checking account, credit card, #PaydayLoan, auto loan or #mortgage. Trump has neutered the watchdog, employees say, the culmination of a yearslong effort by Republicans who felt the agency often went overboard in its efforts."
Read more:
https://apnews.com/article/cfpb-vought-trump-rohit-chopra-banks-consumers-fef24aa0d7fdf46967df8041586743bd
now billing CFPB $4.7M for Vought’s security detail.
