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by @jimpick.com
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I've covered the ins and outs of what the Trump administration is doing to the CFPB, and this story really brings together what's happening.
9d
Evan Weinberger
"the agency’s decisions meant businesses could pocket millions they’d already agreed to refund to consumers, and avoid costly monitoring & compliance. Companies also may have escaped penalties from ongoing lawsuits that alleged billions of dollars in consumer harm" www.bloomberg.com/features/202...
9d
Russell Vought has gutted the CFPB, and in dozens of cases refused to enforce settlements and pursue lawsuits to the benefit of companies like Walmart, Toyota and others.
www.bloomberg.com
Trump’s Consumer Watchdog Lets Big Business Out of Millions Owed
Josh Eidelson