Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Vox Media Podcast Network and The Verge. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vox Media Podcast Network and The Verge or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

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

52:25
 
Share
 

Manage episode 476176683 series 2483172
Content provided by Vox Media Podcast Network and The Verge. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vox Media Podcast Network and The Verge or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Rohit Chopra was the Consumer Financial Protection Bureau head until the end of January, when President Donald Trump fired him and Elon Musk’s DOGE began trying to dismantle the agency. The CFPB has been pretty popular since it was founded in the wake of the 2008 financial crisis to protect consumers, so shutting it down has kicked off a bunch of controversies — not least of which was whether Trump and Musk even had the power to do it.

This all led me to ask several times who made the decision to fire him, who is currently responsible for the various policies of our government, and whether any of those things add up to a clear plan. Some of the most powerful executives in the world answer questions like this on Decoder all the time. But Rohit just didn’t know — and that should probably be as worrying as anything.

Links:

  • Trump fires CFPB director Rohit Chopra | Associated Press
  • Trump orders CFPB to stop work, closes building | Associated Press
  • CFPB workers reinstated after court order but still can’t work | The Verge
  • Trump admin to appeal order blocking CFPB shutdown | Bloomberg Law
  • A shady tech bootcamp may be sneaking back online | The Verge
  • CFPB won’t enforce long-awaited payday lending rule | Bloomberg Law
  • CFPB seeks to vacate redlining settlement, refund lender | Banking Dive
  • CFPB signals it will drop rule regulating BNPL like credit cards | PYMTS
  • CFPB drops fraud lawsuit against banks, Zelle | CNBC

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright.

The Decoder music is by Breakmaster Cylinder.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

841 episodes

Artwork
iconShare
 
Manage episode 476176683 series 2483172
Content provided by Vox Media Podcast Network and The Verge. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vox Media Podcast Network and The Verge or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Rohit Chopra was the Consumer Financial Protection Bureau head until the end of January, when President Donald Trump fired him and Elon Musk’s DOGE began trying to dismantle the agency. The CFPB has been pretty popular since it was founded in the wake of the 2008 financial crisis to protect consumers, so shutting it down has kicked off a bunch of controversies — not least of which was whether Trump and Musk even had the power to do it.

This all led me to ask several times who made the decision to fire him, who is currently responsible for the various policies of our government, and whether any of those things add up to a clear plan. Some of the most powerful executives in the world answer questions like this on Decoder all the time. But Rohit just didn’t know — and that should probably be as worrying as anything.

Links:

  • Trump fires CFPB director Rohit Chopra | Associated Press
  • Trump orders CFPB to stop work, closes building | Associated Press
  • CFPB workers reinstated after court order but still can’t work | The Verge
  • Trump admin to appeal order blocking CFPB shutdown | Bloomberg Law
  • A shady tech bootcamp may be sneaking back online | The Verge
  • CFPB won’t enforce long-awaited payday lending rule | Bloomberg Law
  • CFPB seeks to vacate redlining settlement, refund lender | Banking Dive
  • CFPB signals it will drop rule regulating BNPL like credit cards | PYMTS
  • CFPB drops fraud lawsuit against banks, Zelle | CNBC

Credits:

Decoder is a production of The Verge and part of the Vox Media Podcast Network.

Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright.

The Decoder music is by Breakmaster Cylinder.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

841 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Listen to this show while you explore
Play