Cassie
@cassiopeia0519.bsky.social
Reposted by Cassie
Wonder if this has anything to do with the many years of consumer securities fraud and pump and dump schemes by the co-president. Probably not.
Employees of the Consumer Financial Protection Bureau were instructed to cease “all supervision and examination activity” and “all stakeholder engagement,” effectively stopping the agency’s operations www.nytimes.com/2025/02/08/u... @rmac.bsky.social @stacycowley.bsky.social
Federal Financial Watchdog Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examination activity.”
www.nytimes.com
February 9, 2025 at 6:50 PM
Wonder if this has anything to do with the many years of consumer securities fraud and pump and dump schemes by the co-president. Probably not.
Reposted by Cassie
The CFPB was dismantled over the weekend, with all activities suspended, its funding reduced to zero, and its headquarters temporarily closed—removing a crucial layer of oversight for consumer-facing financial companies. Staff members ordered to cease all ‘supervision and examination activities.
February 10, 2025 at 4:58 AM
The CFPB was dismantled over the weekend, with all activities suspended, its funding reduced to zero, and its headquarters temporarily closed—removing a crucial layer of oversight for consumer-facing financial companies. Staff members ordered to cease all ‘supervision and examination activities.