What A Day Scam Calls Are Getting Worse: Here's Why
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Nov 14, 2025 
David Dayen, executive editor of The American Prospect and a public policy journalist, joins to discuss the recent challenges facing the Consumer Financial Protection Bureau (CFPB). He explains the Trump Administration's move to declare CFPB funding illegal and the implications for consumer protection. Dayen also dives into how scams are on the rise and how current leadership limits the CFPB's ability to combat them. He critiques tech companies' self-regulation efforts and highlights the political motives behind dismantling this vital agency.
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CFPB Funding Attack Endangers Consumers
- The Trump administration is actively trying to declare the CFPB's funding mechanism illegal to block its operations.
- This would leave consumers unprotected while scams and junk fees proliferate across financial platforms.
Scams Are Proliferating Nationwide
- Scam calls, texts, and fraudulent job offers are proliferating across multiple platforms.
- The administration's moves suggest less federal priority on curbing these escalating scams.
Legal Loophole Claim About Fed 'Earnings'
- The DOJ's legal argument hinges on the Fed 'earnings' language and claims the CFPB can't draw money when the Fed posts losses.
- David Dayen calls this textual argument ridiculous and unlikely to survive judicial scrutiny.