Trump’s CFPB reset offers hope for reform, but state attorneys general are already building a fragmented and punitive new regulatory regime
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The Death Knell for Elizabeth Warren’s CFPB
Topic: Deregulation
50-year loan terms would triple total debt while government regulations continue driving up building costs
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Vought Charts New Path for the CFPB
Russell Vought signals a shift toward proportional, efficient regulation after years of CFPB overreach under Rohit Chopra.
The veto of Alaska’s SB 39 preserves critical credit access for underserved consumers and rejects the failed model of rate caps seen in New Mexico and Illinois.
The coalition urges the CFTC to cut red tape on prediction markets and embrace permissionless innovation.
A national credit card rate cap may seem consumer-friendly, but history and state-level experiments shows it shrinks credit access and pushes borrowers toward costlier alternatives.
Musk’s declaration marks a defining victory for the Southwest Public Policy Institute, affirming our relentless efforts to expose and dismantle the CFPB.
CFPB is doing more harm than good, and its dissolution is not just a policy preference but an economic necessity.
Rohit Chopra’s tenure of regulatory overreach and punitive enforcement has harmed consumers and stifled financial innovation.
Originally published at americanbanker.com on December 5, 2024. Thought exercise: What would your life look like without access to credit? No credit cards, no buying a house or vehicle without cash on hand and no access to something as simple as overdraft protection tied to a debit card. For most people, that would be somewhere between […]