Another predictable move by Trump to wind back the protections consumers, including his MAGA supporters, currently have:
The director of the Consumer Financial Protection Bureau, Rohit Chopra, was fired on Saturday, prematurely ending a five-year term that was scheduled to run through late 2026. “With so much power concentrated in the hands of a few, agencies like the C.F.P.B. have never been more critical,” Mr. Chopra wrote in a letter he posted on social media announcing his departure.
He will appoint a loyalist to ensure banks, lenders and other sharks have less accountability.