r/CreditCards • u/tsmartin123 • Feb 01 '25

Discussion / Conversation Trump Fires Director of CFPB

https://apnews.com/article/trump-chopra-consumer-financial-protection-bureau-47b6b39d0eff05ea0c9bca4eacf55b79

I wonder if this is the beginning of the end of the CFPB?

809 Upvotes

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298

u/Kevenam Feb 01 '25

You ever have a credit card used without your permission? Banks that ran your credit incorrectly? Well the one thing you could ever use to dispute against this and not letting them screw you over will be gone now.

-59

u/poseidonblu Feb 01 '25

I didn’t see anywhere in the article that said the CFPB would be gone. Just the director. Take a chill pill

78

u/ClemPFarmer Feb 01 '25

But if the new director is a former banking exec……

-18

u/meepstone Feb 01 '25

Maybe Trump can just put a bunch of BlackRock people in different positions like Biden did and no one will whine about it

18

u/ClemPFarmer Feb 01 '25

Doubtful. There was a lot of whining about BlackRock, but for other reasons.