DoomsdaysCW<p>Advice from the <a href="https://kolektiva.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> helped me to beat a bad debt that wasn't mine in court (I was my own lawyer). Armed with pertinent questions for the debt owner, I was able to prove that it wasn't my debt. But I wouldn't have been able to do it without that information (not without hiring a lawyer, which could end up costing more than the debt)!</p><p>Workers at the CFPB watch hopelessly as the GOP undoes their work</p><p>By KEN SWEET<br>Updated 7:27 AM EDT, July 15, 2025</p><p>NEW YORK (AP) — "The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable for nearly six months. CFPB employees say they essentially spend the workday sitting on their hands, forbidden from doing any work by directive from the White House.</p><p>"The bureau is supposed to be helping oversee the nation’s banks and financial services companies and taking enforcement action in case of <a href="https://kolektiva.social/tags/wrongdoing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wrongdoing</span></a>. Instead, the situation is Kafkaesque: the main function seems to be undoing the <a href="https://kolektiva.social/tags/rulemaking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>rulemaking</span></a> and law enforcement work that was done under previous administrations, including in President Donald Trump’s first term.</p><p>"American consumers can no longer look to the bureau for help when it comes to their checking account, credit card, <a href="https://kolektiva.social/tags/PaydayLoan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PaydayLoan</span></a>, auto loan or <a href="https://kolektiva.social/tags/mortgage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>mortgage</span></a>. Trump has neutered the watchdog, employees say, the culmination of a yearslong effort by Republicans who felt the agency often went overboard in its efforts."</p><p>Read more:<br><a href="https://apnews.com/article/cfpb-vought-trump-rohit-chopra-banks-consumers-fef24aa0d7fdf46967df8041586743bd" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">apnews.com/article/cfpb-vought</span><span class="invisible">-trump-rohit-chopra-banks-consumers-fef24aa0d7fdf46967df8041586743bd</span></a> </p><p><a href="https://kolektiva.social/tags/ConsumerProtection" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ConsumerProtection</span></a> <a href="https://kolektiva.social/tags/TrumpSucks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpSucks</span></a> <a href="https://kolektiva.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a> <a href="https://kolektiva.social/tags/CorporateColonialism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CorporateColonialism</span></a> <a href="https://kolektiva.social/tags/PaydayLoanSharks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PaydayLoanSharks</span></a> <a href="https://kolektiva.social/tags/Debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Debt</span></a> <a href="https://kolektiva.social/tags/IdentityTheft" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IdentityTheft</span></a> <a href="https://kolektiva.social/tags/BankFees" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankFees</span></a> <a href="https://kolektiva.social/tags/CollectionAgencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CollectionAgencies</span></a></p>