Fred Lucas is chief news correspondent and manager of the Investigative Reporting Project for The Daily Signal. He is the author of “The Myth of Voter Suppression: The Left’s Assault on Clean Elections.” Send an email to Fred.
Democrats and the media—along with federal employee unions—have rallied around the Consumer Financial Protection Bureau, an agency that has been in the sights of the Department of Government Efficiency initiative for its censorship, waste, and hindering of businesses disfavored by the Left, among other issues.
CBS’ “60 Minutes” also aired a highly sympathetic piece about the agency on Sunday with an interview with ousted CFPB Director Rohit Chopra, the Joe Biden appointee whom President Donald Trump fired earlier this month.
Sen. Elizabeth Warren, D-Mass., who as a Harvard law professor was the architect of the agency, denounced the Trump administration and DOGE chief Elon Musk.
Since the Trump-Musk attack on the CFPB, every day thousands of Americans aren’t getting the help they need when they’re cheated by big banks or giant corporations and want their money back.
Donald Trump and Elon Musk are allowing Americans to get scammed.…
— Elizabeth Warren (@SenWarren) February 25, 2025
The CFPB was established by the 2010 Dodd-Frank financial reform legislation to regulate banks, credit card companies, lenders, and other financial services companies. It is funded through the Federal Reserve. […]
— Read More: www.dailysignal.com