is, btw, the whole point of the article in my OP. For example, many here at DU have already acknowledged the fact that corporations are deliberately gouging consumers. And corporations are in the tank for Trump and the GOP.
Nevertheless, consumers are blaming the guy who gave them that big stimulus bill. You know... the bill that every single MAGA voted AGAINST.
Another case in point. Interest rates. The GOP has been waging a decades long WAR, against an agency designed to protect Americans from predatory lending and banking practices. An agency whose work has benefited even the GOP's OWN constituency.
The Fifth Circuit declares the Consumer Financial Protection Bureau unconstitutional - Vox America’s Trumpiest court just declared an entire federal agency unconstitutional
Payday Lenders Gave Millions to Republican Group That Backed Supreme Court Suit to Annihilate CFPB - The Intercept The Republican Attorneys General Association fought to help a Supreme Court case against the Consumer Finance Protection Bureau.
$241M went to constituents of Republicans pushing CFPB changes: watchdog - The Hill
The Consumer Financial Protection Bureau (CFPB) has returned hundreds of millions of dollars to consumers who are also constituents of Republican lawmakers who support changes to the bureau’s funding structure....
“Republicans in Congress should be celebrating the fact the Consumer Financial Protection Bureau has recouped billions of dollars for families who’ve been ripped off by bad actors in the financial industry,” Liz Zelnick, director of Accountable.US’s program on economic security and corporate power, told The Hill.
“Instead, many Republicans are rooting for efforts to defund and defang the nation’s top consumer advocate after they’ve taken millions of dollars from greedy big banks to predatory lenders that want no consumer protections at all,” Zelnick said.
Consumer advocates warn about consequences of weakening the CFPB - NPR
Over the years, the bureau has recovered some $17 billion for consumers. It's gone after not only predatory lenders, but debt collectors and student loan servicers and ordinary banks with their overdraft fees.
Consumer protection: Why do Republicans hate the CFPB so much? - Los Angeles Times (July 2015)
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