Summary

Trump abruptly fired Consumer Financial Protection Bureau Director Rohit Chopra, ending his tenure as a key Biden-era regulator retained from the previous administration.

Chopra oversaw sweeping reforms that removed medical debt from credit reports and limited overdraft penalties, measures widely seen by critics as regulatory overreach.

In a social media post, he thanked loyal supporters for helping the bureau hold powerful companies accountable and prepare policies to block foreign data surveillance.

Critics warned his dismissal clearly signals the end of consumer protections and a rollback of the agency’s mission.

  • pivot_root@lemmy.world
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    13 hours ago

    And the Proton CEO said Republicans are the ones looking out for the little guy. Hey Andy Yen, feeling like a hypocritical asshole yet?

    • SoftestSapphic@lemmy.world
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      8 hours ago

      He can’t hear you over the sound of him being rich

      Nothing will meaningfully improve until the rich fear for their lives

    • Fredselfish@lemmy.world
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      11 hours ago

      Guess why my bank thought it was okay as of today to charge me 5.95 overdraft my account for billpay fee, when I have never used billpay and don’t have it setup. But they will charge me a 35 dollar overdraft fee on it. Got wait until Monday and agrue that they should remove it.

      Had this account for 10 plus years and just last two weeks they pulled similar stunt. First was changing me 5.99 for a monthly mataince fee. They claim that was normal but never gotten it before in 10 years. They remove that. But now they pull this. Probably because now can’t file a complaint to the CFEB.

  • Rhoeri@lemmy.world
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    12 hours ago

    So… he’s flat-out proving in broad daylight that he has no intention to serve America in any capacity. There’s no subtlety, no pageantry, no pretending….

    He is in office for the sole purpose to entrench himself within the protections afforded a president- and nothing else.

    And the fact that he is doing this isn’t what’s surprising or even unexpected. We knew this was going to happen. No, what’s surprise is how he’s not even bothering to hide it-

    As if he knew ahead of all this- that there’s nothing anyone will do about it.

    Something a LOT more than what we’re seeing stinks here….

    • Soup@lemmy.world
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      10 hours ago

      Why bother hiding it? His base isn’t looking and if they do see it they won’t blame him. Absolutely zero incentive to be discrete.

      • Rhoeri@lemmy.world
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        10 hours ago

        I thought for sure he’d be more subtle about it. Or at least ease into the truly disgusting policy he has planned.

        But yeah. Good point.

        • Soup@lemmy.world
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          10 hours ago

          He never has been before, why start now? He is famously not able to be secretive and even leaks top-secret to non-allied governments just so he can brag. I really, truly, don’t understand how you expected subtly from the “dictator on day 1” guy.

          • Rhoeri@lemmy.world
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            10 hours ago

            It’s not that I necessarily expected subtlety in the way you’re thinking. It’s that I guess I expected things to ease into his planned dictatorship. When he was elected in 2016, as I recall, he didn’t hit the ground running with his Nazi shit. He was more covert. Dog whistly…

            But I guess now that he’s essentially neutered any opposition, there’s no restoration for him to wade us towards the deep end.

            • Soup@lemmy.world
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              10 hours ago

              I mean, he literally promises it and in the end, does it matter if he does it right away or in a few months? That worthless country handed the worst person with the craziest revenge fantasies an insane amount of power and essentially begged him to go hog wild. All he has done in the last for years is scream more and more about how much damage he wants to do, how fast he wants to do it, and how little he cares about doing it cleanly.

              I’m not trying to make you feel bad but, like, maybe believe people when they literally promise to be monsters. The U.S. is full of a lot of people, including even a bunch of dipshit conservatives, feeling regret because the obvious happened and frankly I have very little sympathy. “Who could have seen this comi-“ everyone; fucking everyone saw it coming it was right there with bright lights and blaring alarm bells.

              • Rhoeri@lemmy.world
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                9 hours ago

                I knew he would do this shit. It’s not about disbelief. It’s about how blatantly brazen he is about doing it in the wide open.

                • Soup@lemmy.world
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                  9 hours ago

                  Again, there were literally no signs saying that he’d be discrete, zero, and a million pointing to him being crude, overt, and aggressive in how he approached this term. The republicans have never been much to care and Trump and this entire era of that party as defined by him have made themselves so distinct because they say the quiet parts out loud. It’s the whole brand.

                  I do not know why you expected any different. The very small part of me that hoped it would happen differently, that thought that maybe the rest of the party would help contain him, did so because it didn’t want to fall further into the despair that is a world where the U.S. accelerates its efforts to be a fucking blight on the world.

  • CharlesDarwin@lemmy.world
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    15 hours ago

    This was one of the best things being done for the American people, and the broligarchs want the entire department gone.

  • HubertManne@moist.catsweat.com
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    16 hours ago

    this was a good example of the many things I liked about the biden administration and why I have said on multiple occasions that he was the best president of my lifetime. So as crazy as this is for all of you realize for me the worst was chosen over the best.

  • dhork@lemmy.world
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    16 hours ago

    I’m surprised he hasn’t shut it down yet. But maybe he is planning to appoint Mark Zuckerberg to head it or something