Breaking down the Supreme Court's Consumer Financial Protection Bureau ruling

Its holding them accountable for ripping off Americans.

I want to see them go after these Student Loan companies. -its astounding just how predatory the entire industry has become.

The CFB is about holding lenders accountable when they deceive, and it's not about "lending to Gen Z socialists who don't pay their bills." In 2013, my sister died and I applied to assume the mortgage to her house. You see, there's a pesky Federal law called the Garn St. Germain act....Mortgage companies have the right to refuse assumption of a mortgage UNLESS it's by a blood heir. I'm a blood heir. They refused my mortgage payments. They told me my executor status and power of attorney were meaningless. They tried to repossess my sister's home. This is deception. I filed a complaint with the CFB and within 48 hours I received a call from the mortgage company to start the process to assume my sister's mortgage.

Thank you Elizabeth Warren 😘

Conservatives forever opposing anything that helps regular people

It doesn't mean that Congress and/or the Supreme Court cannot ask and reasonably expect to receive a yearly financial statement from the Consumer Financial Protection Bureau agency, simply accounting for government/taxpayer's funds spent each year, instead of trying to actually control the "purse strings". It would allow the agency's funding requests to be separate from government's approval authority, while maintaining the CFPB agency's responsibility to direct spending of such funds carefully. That genuinely IS a part of the Federal government's responsibility. IMHO. This agency does work on the behalf of protecting American citizens, and therefore it's important that it remains independent of increasingly powerful federal government in the United States, who often put special interest groups with power and money ahead of the average American citizen.

I'm pleasantly surprised

Wait until big health insurance companies get near their goal of purchasing, owning and then controlling most, if not all, aspects of our physicians practices and limit availability of care through things like preauthorization schemes, etc.. It won't be just the single payers who will get it. It will be our Medicare and group plans as well. It seems like even our politicians who all profess adamantly to work so hard for us have made the shift to self service and self enrichment. And you can actually do some homework and find them getting a lot more wealthy a whole lot faster. You have got to love insider trading and then controlling the only body that could possibly stop it. Noam Chomsky's "Requiem For The American Dream" comes to fruition.

This should not be connected to politics and parties!

Who pays for the federal reserve, you know who’s actually paying? The people, fools

Stop looking for funding on everything and look for proof of justification of an agencies existence.

Good News.

this is Republicans interfering with our money wow

Banks: "Work at McDonalds and need to buy a mansion? NO PROBLEM. We'll get bailed out when it all crashes again." Good job SCOTUS.

Conversatives not trusting the government, what a surprise

Nothing conservatives do is fascinating. 🤣🤣🤣🤣

It would be nice if something could protect us from the Federal Reserve too.

Oh yeah, some happy news!!

Okay. So if they don't answer to us...and they don't answer to Congress...then who do they answer to??? 🤔 Who holds THEM accountable? Who determines what THEY can or cannot do?

💯🙌