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ruet

(10,102 posts)
Thu Feb 20, 2025, 03:12 PM Feb 20

US consumer watchdog signs come down at Washington HQ

Source: Reuters

Feb 20 (Reuters) - Signage marking the Washington headquarters of the U.S. Consumer Financial Protection Bureau, the consumer watchdog in the Trump administration's crosshairs, came down overnight, according to a reporter's observations and photographic evidence.

President Donald Trump and billionaire Elon Musk have sought to dismantle the agency since the Republican president's return to the White House a month ago.

An emblem at the front entrance as well as prominent lettering in the building's lobby were no longer visible on Wednesday evening. A Reuters photo showed signage over a separate entrance had disappeared by Thursday morning.

The CFPB, established after the 2008 financial crisis and long reviled by conservatives and financial firms, has been especially hard hit by an administration drive to slash and reshape the federal bureaucracy.

Read more: https://www.reuters.com/world/us/us-consumer-watchdog-signs-come-down-washington-hq-2025-02-20/

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US consumer watchdog signs come down at Washington HQ (Original Post) ruet Feb 20 OP
say hello to new bank fees, junk fees on all financial transactions lapfog_1 Feb 20 #1

lapfog_1

(30,748 posts)
1. say hello to new bank fees, junk fees on all financial transactions
Thu Feb 20, 2025, 03:16 PM
Feb 20

and, especially, payday loans and car title loans.

The legal loan sharks don't like having anyone look over their shoulders, just like the illegal ones.

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