Woman loses $16,000 to debt relief scam

CFPB sue predatory companies

Impact of CFPB's closure on ongoing cases

Why powerful banks oppose CFPB

CFPB's partnership with state attorneys

Stacy Johnson's perspective

CFPB's $21 billion return to consumers

Contact representatives to defend CFPB

The CFPB is under attack. Banks are celebrating. Consumers are left in the dark.
The Consumer Financial Protection Bureau's powers are being stripped away.
Will the watchdog's bark be silenced? Are fraudsters free to roam? What will billions in bank influence do to your finances?
We're uncovering the shocking truth and more in this week's podcast. It's information you need to know. So sit back, relax, and tune in.
It could save you thousands.

00:00 Introduction: CFPB's role in protecting consumers
02:31 Example: Woman loses $16,000 to debt relief scam
05:22 CFPB and state attorneys general sue predatory companies
07:17 Impact of CFPB's closure on ongoing cases
09:56 Why powerful banks and billionaires oppose CFPB
13:21 CFPB's partnership with state attorneys general
15:47 Stacy Johnson's perspective as a consumer reporter
18:16 CFPB's $21 billion return to consumers vs. $700 million budget
20:40 Call to action: Contact representatives to defend CFPB
23:06 Importance of staying informed and protecting consumers

Contact representatives to defend CFPB 
https://www.congress.gov/members/find-your-member

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Summary:

The Consumer Financial Protection Bureau (CFPB), established in 2010 to protect consumers from financial fraud and abuse, is being dismantled. The agency's offices have been closed and staff dismissed, leaving consumers vulnerable to predatory practices. Examples include a woman who paid $36,000 to a debt relief company, with $16,000 going to fees, and a mortgage company giving unaffordable loans to mobile home owners. The CFPB, in partnership with state attorneys general, has held these companies accountable, but ongoing cases are now being dismissed. Powerful banks and billionaires oppose the CFPB's oversight, influencing politicians to deregulate the financial industry. The CFPB has returned $21 billion to consumers, far exceeding its $700 million annual budget. Consumers are urged to contact their representatives and defend the CFPB to prevent a repeat of the 2007-2008 financial crisis. Without the CFPB's protection, consumers are at risk of falling victim to financial fraud and abuse.

The CFPB is under attack. Banks are celebrating. Consumers are left in the dark. The Consumer Financial Protection Bureau's powers are being stripped away. Will the watchdog's bark be silenced? Are fraudsters free to roam? What will billions in bank influence do to your finances? We're uncovering the shocking truth and more in this week's podcast. It's information you need to know. So sit back, relax, and tune in. It could save you thousands.
00:00 Introduction: CFPB's role in protecting consumers 02:31 Example: Woman loses $16,000 to debt relief scam 05:22 CFPB and state attorneys general sue predatory companies 07:17 Impact of CFPB's closure on ongoing cases 09:56 Why powerful banks and billionaires oppose CFPB 13:21 CFPB's partnership with state attorneys general 15:47 Stacy Johnson's perspective as a consumer reporter 18:16 CFPB's $21 billion return to consumers vs. $700 million budget 20:40 Call to action: Contact representatives to defend CFPB 23:06 Importance of staying informed and protecting consumers
Contact representatives to defend CFPB&nbsp; <a href="https://www.congress.gov/members/find-your-member">https://www.congress.gov/members/find-your-member</a>
And to stay ahead of the curve, subscribe to the&nbsp;<a href="https://www.moneytalksnews.com/#newsletter">Money Talks News newsletter</a>&nbsp;and&nbsp;<a href="https://www.youtube.com/@moneytalksnews">YouTube channel</a>&nbsp;now. Your future self will thank you!
Make new friends! Join the MTN <a href="https://www.facebook.com/groups/moneytalksnewsretirement">Facebook Retirement Group</a>
Click to watch Youtube version :<a href="https://youtu.be/VkaXcllCkVE"> https://youtu.be/VkaXcllCkVE</a>
Title with URL link insert
Add "Money Talks News: The Podcast" to your favorite player!
<ul>
<li>MTN | <a href="https://music.youtube.com/playlist?list=PLX7obNOJXF7hQnJgJC1ig3XT4Xqlybuh8">Youtube</a></li>
<li>MTN | <a href="https://podcasts.apple.com/us/podcast/money-talks-news-the-podcast/id1465774878">Apple Podcasts</a></li>
<li>MTN | <a href="https://open.spotify.com/show/4XzsoL58984FkzefrRay0c">Spotify</a></li>
</ul>
Love growing your wealth? You'll enjoy these courses.
<ul>
<li>Take our course&nbsp;<a href="https://unb.moneytalksnews.com/retirement-guide/">The Only Retirement Guide You'll Ever Need</a></li>
<li>Take our course&nbsp;<a href="https://www.moneytalksnews.com/courses/money-made-simple/">Money Made Simple</a></li>
</ul>
&nbsp;
Summary:
The Consumer Financial Protection Bureau (CFPB), established in 2010 to protect consumers from financial fraud and abuse, is being dismantled. The agency's offices have been closed and staff dismissed, leaving consumers vulnerable to predatory practices. Examples include a woman who paid $36,000 to a debt relief company, with $16,000 going to fees, and a mortgage company giving unaffordable loans to mobile home owners. The CFPB, in partnership with state attorneys general, has held these companies accountable, but ongoing cases are now being dismissed. Powerful banks and billionaires oppose the CFPB's oversight, influencing politicians to deregulate the financial industry. The CFPB has returned $21 billion to consumers, far exceeding its $700 million annual budget. Consumers are urged to contact their representatives and defend the CFPB to prevent a repeat of the 2007-2008 financial crisis. Without the CFPB's protection, consumers are at risk of falling victim to financial fraud and abuse.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Welcome to Money Talks News: The Podcast, a podcast devoted to everything money: how to get it, how to grow it and how to keep it. From the creators of MoneyTalksNews.com, a leading source of personal finance news and advice since 1991.

Money Talks News: The Podcast

Say Goodbye to Consumer Protection

https://api.omny.fm/orgs/67ee9ddc-11a3-4cec-841d-ac9a015d5b41/clips/11afecc0-e6da-436f-86d8-b29e01377997/transcript

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