Decoder with Nilay Patel cover image

Why DOGE is killing the agency that stops banks from ripping you off

Decoder with Nilay Patel

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The Role of CFPB in Financial Oversight

This chapter explores the Consumer Financial Protection Bureau's (CFPB) critical function in protecting consumers from predatory financial practices amid political shifts and the rise of cryptocurrency. It examines the tension between libertarian tech influences and populist movements, emphasizing the implications for regulatory institutions. The discussion highlights personal experiences with corporate and governmental environments, focusing on leadership changes and the challenges facing consumer protection in the current landscape.

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