Len Bennett
@lenbennett.bsky.social
Consumer Protection Advocate and Litigator.
The plan is to install a head who is pro- industry. The worst financial services actors who have fought the CDPB - high interest payday and fintech predatory lenders will be in charge. As before.
November 28, 2024 at 1:48 PM
The plan is to install a head who is pro- industry. The worst financial services actors who have fought the CDPB - high interest payday and fintech predatory lenders will be in charge. As before.
I’m a co diner law expert, not an admin law attorney. But there are two different questions. First, can the CFPB be “deleted”? No, not without Congressional approval. Second, can the CFPB and its mission be greatly harmed by this takeover? Yes, as we saw in Trump 1.0.
November 28, 2024 at 1:45 PM
I’m a co diner law expert, not an admin law attorney. But there are two different questions. First, can the CFPB be “deleted”? No, not without Congressional approval. Second, can the CFPB and its mission be greatly harmed by this takeover? Yes, as we saw in Trump 1.0.