Factually! with Adam Conover Everyone Can Screw Us Now Thanks to Trump, with Julie Morgan
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Oct 29, 2025 Julie Morgan, a progressive policy expert and president of the Century Foundation, reveals how Trump’s policies have unleashed corporate exploitation on hardworking Americans. She discusses the erosion of the Consumer Financial Protection Bureau, which was created to safeguard consumers. Julie explains how predatory lending flourishes amidst regulatory rollbacks and emphasizes the plight of low-income borrowers facing harmful debt terms. The conversation also touches on grassroots movements and local actions that individuals can take to combat corporate greed.
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Campaign Promises vs. Policy Reality
- Trump campaigned on helping working people but enacted policies that favored big businesses and raised costs.
- Julie Morgan argues this both increased prices and removed protections like the CFPB, worsening affordability.
Costs + Deregulation Supercharge Predation
- Trump both raised consumer costs and dismantled regulators that policed predatory companies.
- Morgan says this combination creates conditions where predatory firms flourish with no 'cops on the beat.'
Why CFPB Was Born
- CFPB was created after the 2008 crisis to police consumer financial abuses like risky mortgages.
- Morgan recounts CFPB's role enforcing rules so lenders couldn't make unaffordable loans to consumers.
