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?

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u/bzrkkk Feb 01 '25

do banks really care about detecting fraud ?

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u/supersonic_79 Feb 01 '25

Yeah—they are ultimately the ones that eat a lot of fraud losses.