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#CFPB

2 posts2 participants0 posts today
Kim Perales<p>"DOGE🚨"is using a new artificial intelligence tool to slash federal regulations, with the goal of eliminating half of DC’s regulatory mandates by the first anniversary of Trump’s inauguration."</p><p>Roughly 100K of those rules would be deemed worthy of trimming, The tool has already been used to complete “decisions on 1,083 regulatory sections” at the <a href="https://toad.social/tags/HUD" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HUD</span></a> in under 2 weeks, &amp; to write “100% of deregulations” at the <a href="https://toad.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>.<br><a href="https://toad.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOGE</span></a> <a href="https://toad.social/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AI</span></a> <a href="https://toad.social/tags/Deregulation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Deregulation</span></a> <a href="https://toad.social/tags/TrumpRegime" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpRegime</span></a> <a href="https://toad.social/tags/Protest" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Protest</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a><br><a href="https://www.washingtonpost.com/business/2025/07/26/doge-ai-tool-cut-regulations-trump/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzUzNTAyNDAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzU0ODg0Nzk5LCJpYXQiOjE3NTM1MDI0MDAsImp0aSI6IjAxNWQ1NzRmLTRmNDAtNDBjYS04M2YwLWY0NGFmZmZkYzkxZSIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI1LzA3LzI2L2RvZ2UtYWktdG9vbC1jdXQtcmVndWxhdGlvbnMtdHJ1bXAvIn0.z17OUPzuSx-jtQATWZcaOwF5JZehWDvi6fXB2jr-rbE" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/business/20</span><span class="invisible">25/07/26/doge-ai-tool-cut-regulations-trump/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJyZWFzb24iOiJnaWZ0IiwibmJmIjoxNzUzNTAyNDAwLCJpc3MiOiJzdWJzY3JpcHRpb25zIiwiZXhwIjoxNzU0ODg0Nzk5LCJpYXQiOjE3NTM1MDI0MDAsImp0aSI6IjAxNWQ1NzRmLTRmNDAtNDBjYS04M2YwLWY0NGFmZmZkYzkxZSIsInVybCI6Imh0dHBzOi8vd3d3Lndhc2hpbmd0b25wb3N0LmNvbS9idXNpbmVzcy8yMDI1LzA3LzI2L2RvZ2UtYWktdG9vbC1jdXQtcmVndWxhdGlvbnMtdHJ1bXAvIn0.z17OUPzuSx-jtQATWZcaOwF5JZehWDvi6fXB2jr-rbE</span></a></p>
Kim Perales<p>The expense comes as the CFPB's budget is slashed nearly in half. The dir of the WHs budget office wears mult hats, incl the temp head of the <a href="https://toad.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>.</p><p>OMB:🚨now billing CFPB $4.7M for Vought’s security detail.</p><p>AGT: “on a fast track,” despite the funding not being incl in CFPB’s fiscal 2025 budget. The $4.7M will cover Vought’s security through Dec -meaning it will draw from both fiscal years 2025 &amp; 2026.<br>Egregious: his budget cuts will cause ppl to suffer/die.<br><a href="https://toad.social/tags/OMB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OMB</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a> <a href="https://www.govexec.com/management/2025/07/russ-vought-bills-cfpb-5m-his-security-detail/406928/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">govexec.com/management/2025/07</span><span class="invisible">/russ-vought-bills-cfpb-5m-his-security-detail/406928/</span></a></p>
Kim Perales<p>The CFPB's ~1,500 staffers: locked out of their offices &amp; agency computers, while ATTYs &amp; judges deliberate over the degree to which Trump’s wrecking crew is legally allowed to kill it.</p><p><a href="https://toad.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> employees highlighted the dire situation -which has helped secure $21B in relief for Ms of wronged consumers since its 2011 inception.</p><p>Practically the only ppl at the CFPB doing anything are the ones working to🚨drop prior enforcement actions &amp; CXL proposed rules.<br><a href="https://toad.social/tags/Corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Corruption</span></a> <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a> <a href="https://prospect.org/economy/2025-07-11-hardly-workin-cfpb-doge-trump/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">prospect.org/economy/2025-07-1</span><span class="invisible">1-hardly-workin-cfpb-doge-trump/</span></a></p>
Kim Perales<p>"Trump promised to lower costs. Instead,🚨he gutted the consumer watchdog agency &amp; helped big banks rip off Americans by an added $18B in fees &amp; unchecked rip-offs.</p><p>Trump’s Gangster St serves anyone who can line his pockets &amp; sticks it to the people."<br>-HJC Dems</p><p>R <a href="https://toad.social/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>corruption</span></a>: Senate PARLM ruled in favor of Banking CMTE's revised <a href="https://toad.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> &amp; Fed provisions. "The CMTE’s lang decreases the CFBP’s funding cap (at 6.5% of Fed's op budget, down from current limit of 12%)...<br><a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a><br><a href="https://www.reuters.com/legal/litigation/trumps-cfpb-rollback-has-cost-americans-18-billion-consumer-groups-say-2025-06-24/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/legal/litigation/t</span><span class="invisible">rumps-cfpb-rollback-has-cost-americans-18-billion-consumer-groups-say-2025-06-24/</span></a></p>
Democracy Matters :verified:<p>Fuck Republicans before they fuck you!</p><p>Republicans float revamped proposal for CFPB cuts<br><a href="https://thehill.com/business/budget/5371714-republicans-float-revamped-proposal-for-cfpb-cuts/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">thehill.com/business/budget/53</span><span class="invisible">71714-republicans-float-revamped-proposal-for-cfpb-cuts/</span></a></p><p><a href="https://mstdn.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> <a href="https://mstdn.social/tags/TrumpDidThis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpDidThis</span></a> <a href="https://mstdn.social/tags/RepublicansDidThis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RepublicansDidThis</span></a> <a href="https://mstdn.social/tags/GOPKakistocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GOPKakistocracy</span></a> <a href="https://mstdn.social/tags/Project2025" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Project2025</span></a> <a href="https://mstdn.social/tags/NoRepublicansEverAgain" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NoRepublicansEverAgain</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a></p>
EPIC<p>📈 🚩 In the last year, <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23consumer" target="_blank">#consumer</a> credit report complaints have risen 182%. EPIC joined 35 other organizations in urging the Consumer Financial Protection Bureau <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23CFPB" target="_blank">#CFPB</a> to maintain public access to its company complaint portal system to prioritize corporate accountability: <a href="https://epic.org/wp-content/uploads/2025/06/CFPB-Complaint-DB-Portal-Boarding-Form-Public-access-Fnl-6-19-25.pdf" rel="nofollow noopener" target="_blank">epic.org/wp-content/u...</a><br><br><a href="https://epic.org/wp-content/uploads/2025/06/CFPB-Complaint-DB-Portal-Boarding-Form-Public-access-Fnl-6-19-25.pdf" rel="nofollow noopener" target="_blank">epic.org/wp-content/upl...</a></p>
⚯ Michel de Cryptadamus ⚯<p><span class="h-card" translate="no"><a href="https://masto.ai/@Nonilex" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>Nonilex</span></a></span> interestingly despite the more or less wholesale dismantling of the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>, they did finally see fit to intervene in the <a href="https://universeodon.com/tags/Synapse" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Synapse</span></a> bankruptcy where ~$90 million of customer money went missing because of <a href="https://universeodon.com/tags/EvolveBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EvolveBank</span></a>'s shenanigans (also famous as the bank of <a href="https://universeodon.com/tags/FTX" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FTX</span></a> and <a href="https://universeodon.com/tags/GeorgeSantos" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GeorgeSantos</span></a>'s campaign)</p><p><a href="https://x.com/mikulaja/status/1936785008754073982" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">x.com/mikulaja/status/19367850</span><span class="invisible">08754073982</span></a></p>
Nonilex<p>The increased consumer costs from the CFPB's rollback of <a href="https://masto.ai/tags/regulations" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>regulations</span></a> on <a href="https://masto.ai/tags/BankFees" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankFees</span></a>, wholesale dismissal of cases against <a href="https://masto.ai/tags/banks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>banks</span></a> &amp; other <a href="https://masto.ai/tags/lenders" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lenders</span></a> &amp; the failure to disburse funds for harmed <a href="https://masto.ai/tags/borrowers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>borrowers</span></a> run counter to Trump's pledges to ease the cost of living, acc/to <a href="https://masto.ai/tags/Student" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Student</span></a> Borrower Protection Center &amp; <a href="https://masto.ai/tags/Consumer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Consumer</span></a> Federation of America.</p><p>Since <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> took control of the <a href="https://masto.ai/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> in Feb, calling for its elimination, admin ofcls have sought to reduce the workforce by about 90% &amp; curtail its oversight.</p>
Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>'s <a href="https://masto.ai/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> rollback has cost Americans $18 billion, <a href="https://masto.ai/tags/consumer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>consumer</span></a> groups say</p><p>Trump's rapid pullback of the US Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher <a href="https://masto.ai/tags/fees" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fees</span></a> &amp; lost <a href="https://masto.ai/tags/compensation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>compensation</span></a> for consumers allegedly cheated by major companies, according to an analysis released Tuesday by two organizations.</p><p><a href="https://www.reuters.com/legal/litigation/trumps-cfpb-rollback-has-cost-americans-18-billion-consumer-groups-say-2025-06-24/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/legal/litigation/t</span><span class="invisible">rumps-cfpb-rollback-has-cost-americans-18-billion-consumer-groups-say-2025-06-24/</span></a></p>
Jonathan Joshua<p>CFPB issues "technical correction" halving the estimated number of 'credit invisible" consumers.<br><a href="https://www.consumerfinance.gov/data-research/research-reports/technical-correction-and-update-to-the-cfpbs-credit-invisibles-estimate/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">consumerfinance.gov/data-resea</span><span class="invisible">rch/research-reports/technical-correction-and-update-to-the-cfpbs-credit-invisibles-estimate/</span></a><br><a href="https://esq.social/tags/cfpb" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cfpb</span></a> <a href="https://esq.social/tags/consumerprotection" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>consumerprotection</span></a></p>
Jonathan Joshua<p>The CFPB issued a notice of proposed rulemaking to withdraw its recently enacted regulations establishing a "repeat offenders registry." The comment period ends on June 13, 2025. Only two comments have been filed. <a href="https://www.regulations.gov/document/CFPB-2025-0011-0001/comment" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">regulations.gov/document/CFPB-</span><span class="invisible">2025-0011-0001/comment</span></a><br><a href="https://esq.social/tags/lawfedi" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lawfedi</span></a> <a href="https://esq.social/tags/ConsumerProtection" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ConsumerProtection</span></a> <a href="https://esq.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a></p>
Denny<p>"<a href="https://boing.world/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Musk</span></a> immediately attacked USAID, which accounts for all of one half of one percent of the budget, and is tasked with providing the impoverished with food and water and services like HIV prevention. But USAID was investigating Starlink, and so it was gutted. He went after the Consumer Financial Protection Bureau, which exists only to protect consumers from predatory financial institutions and has returned $21 billion to those who’ve been defrauded. But the CFPB was fielding over 300 complains about Tesla and would’ve had oversight into X’s payment processing, and so it was gutted. In fact, every single agency that Elon went after - <a href="https://boing.world/tags/USAID" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USAID</span></a>, <a href="https://boing.world/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>, <a href="https://boing.world/tags/DOL" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOL</span></a>, <a href="https://boing.world/tags/NLRB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NLRB</span></a>, <a href="https://boing.world/tags/EPA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EPA</span></a>, <a href="https://boing.world/tags/DOT" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOT</span></a>, <a href="https://boing.world/tags/USDA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USDA</span></a> - just so happened to be performing oversight into him or <a href="https://boing.world/tags/SpaceX" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SpaceX</span></a> or <a href="https://boing.world/tags/Starlink" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Starlink</span></a> or <a href="https://boing.world/tags/Tesla" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tesla</span></a>. And all of those agencies paid the price."</p><p><a href="https://plus.briantylercohen.com/p/elon-leaves-with-reputation-in-tatters" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">plus.briantylercohen.com/p/elo</span><span class="invisible">n-leaves-with-reputation-in-tatters</span></a></p>
Jonathan Joshua<p>CFPB now taking comments about the consumer complaint database, about: "(a) Whether the collection of information is necessary . . ." and "(c) Ways to enhance the quality, utility, and clarity of the information to be collected . . ." Comments are due 07/21/2025 at 11:59 pm EST</p><p><a href="https://esq.social/tags/lawfedi" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lawfedi</span></a> <a href="https://esq.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> <a href="https://esq.social/tags/ConsumerProtection" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ConsumerProtection</span></a> </p><p><a href="https://www.federalregister.gov/documents/2025/05/22/2025-09226/agency-information-collection-activities-comment-request#open-comment" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">federalregister.gov/documents/</span><span class="invisible">2025/05/22/2025-09226/agency-information-collection-activities-comment-request#open-comment</span></a></p>
`Da Elf<p><span class="h-card" translate="no"><a href="https://hachyderm.io/@molly0xfff" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>molly0xfff</span></a></span> Pro Tip: Assume a &gt;90% chance that every <a href="https://mstdn.social/tags/CEO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CEO</span></a> or <a href="https://mstdn.social/tags/Corporate" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Corporate</span></a> <a href="https://mstdn.social/tags/Flunky" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Flunky</span></a> calling for the end of <a href="https://mstdn.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> is a <a href="https://mstdn.social/tags/shady" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>shady</span></a> fuck doing <a href="https://mstdn.social/tags/crimes" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crimes</span></a>.</p>
Frankie ✅<p>CFPB Quietly Kills Rule to Shield Americans From Data Brokers</p><p>Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americans’ sensitive personal data. </p><p><a href="https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wired.com/story/cfpb-quietly-k</span><span class="invisible">ills-rule-to-shield-americans-from-data-brokers/</span></a> </p><p><a href="https://mastodon.social/tags/news" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>news</span></a> <a href="https://mastodon.social/tags/tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tech</span></a> <a href="https://mastodon.social/tags/technology" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>technology</span></a> <a href="https://mastodon.social/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>security</span></a> <a href="https://mastodon.social/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>privacy</span></a> <a href="https://mastodon.social/tags/databrokers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>databrokers</span></a> <a href="https://mastodon.social/tags/cfpb" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cfpb</span></a></p>
gtbarry<p>White House scraps plan to block data brokers from selling Americans’ sensitive data</p><p>A senior Trump administration official has scrapped a plan that would have blocked data brokers from selling Americans’ personal and financial information, including Social Security numbers.</p><p><a href="https://mastodon.social/tags/data" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>data</span></a> <a href="https://mastodon.social/tags/bigdata" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bigdata</span></a> <a href="https://mastodon.social/tags/infosec" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>infosec</span></a> <a href="https://mastodon.social/tags/databrokers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>databrokers</span></a> <a href="https://mastodon.social/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>privacy</span></a> <a href="https://mastodon.social/tags/socialsecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>socialsecurity</span></a> <a href="https://mastodon.social/tags/technology" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>technology</span></a> <a href="https://mastodon.social/tags/tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tech</span></a> <a href="https://mastodon.social/tags/trumpadministration" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trumpadministration</span></a> <a href="https://mastodon.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a></p><p><a href="https://techcrunch.com/2025/05/14/white-house-scraps-plan-to-block-data-brokers-from-selling-americans-sensitive-data/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">techcrunch.com/2025/05/14/whit</span><span class="invisible">e-house-scraps-plan-to-block-data-brokers-from-selling-americans-sensitive-data/</span></a></p>
Kim Perales<p>"The agency that Congress created after the last FIN crisis to help prevent another FIN crisis is🚨currently completely handcuffed from working *at verge of another major FIN crisis -it’s terrifying.</p><p>The one thing we were created to do we can’t do -at a time when we’re most needed -I think the goal is to try &amp; close the agency before Vought’s time is up as acting dir-."</p><p>Trump officials tried to axe ~1,500 of the <a href="https://toad.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>’s 1,700 WKRs last mo *blocked by a fed judge.<br><a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a><br><a href="https://www.theguardian.com/us-news/2025/may/19/trump-consumer-financial-protection-bureau" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/us-news/2025/m</span><span class="invisible">ay/19/trump-consumer-financial-protection-bureau</span></a></p>
Tod Robbins<p>more This-is-the-Bad-Place vibes <a href="https://www.wired.com/story/cfpb-quietly-kills-rule-to-shield-americans-from-data-brokers/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wired.com/story/cfpb-quietly-k</span><span class="invisible">ills-rule-to-shield-americans-from-data-brokers/</span></a> <a href="https://social.coop/tags/cfpb" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cfpb</span></a> <a href="https://social.coop/tags/databrokers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>databrokers</span></a></p>
Flipboard Tech Desk<p>The federal plan to prevent data brokers from selling personal and financial information generated from American citizens has been scrapped. Read more at <span class="h-card" translate="no"><a href="https://flipboard.com/@TechRadar" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>TechRadar</span></a></span>. <a href="https://flipboard.social/tags/Cybersecurity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cybersecurity</span></a> <a href="https://flipboard.social/tags/OnlineSafety" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OnlineSafety</span></a> <a href="https://flipboard.social/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a> <a href="https://flipboard.social/tags/Data" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Data</span></a> <a href="https://flipboard.social/tags/Tech" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Tech</span></a> <a href="https://flipboard.social/tags/Technology" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Technology</span></a> <a href="https://flip.it/JsrXGC" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="">flip.it/JsrXGC</span><span class="invisible"></span></a></p>
⚯ Michel de Cryptadamus ⚯<p><a href="https://universeodon.com/tags/Coinbase" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Coinbase</span></a> saved on payroll by underpaying for work outsourced to India so that its customers could get defrauded of at least a few hundred million dollars *already*. They (the customers) will no doubt now be stalked for years by cybercriminals who have their passport, home address, and bank information.</p><p><a href="https://universeodon.com/tags/ThatsSoCrypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ThatsSoCrypto</span></a>, but also this is why Coinbase donated so much money to get Donald Trump elected so <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOGE</span></a> could, in Elon's immortal turn of phrase, "delete <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>" (meaning destroy the Consumer Financial Protection Bureau who were helping customers deal with their complaints about Coinbase).</p><p><a href="https://universeodon.com/tags/crime" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crime</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/fraud" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fraud</span></a> <a href="https://universeodon.com/tags/uspolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>uspolitics</span></a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/cybercrime" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cybercrime</span></a> <a href="https://universeodon.com/tags/infosec" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>infosec</span></a></p>