Rocket wants to became the only mortgage company in America. The CFPB found its tactics to be illegal—until Donald Trump let the company off the hook.
Rohit Chopra
Posted inEconomic Policy
Nothing Normal About This CFPB Takeover
All work at the agency has been shut down indefinitely.
Posted inPolitics
Biden-Era Regulations on Congress’s Chopping Block
Republicans reveal their first targets for the Congressional Review Act. Consumer protection rules may be next.
Posted inEconomic Policy
Rohit Chopra Still Has a Job
The Consumer Financial Protection Bureau head has not been fired. Apparently, it’s because the Trump team can’t find anyone to replace him.
Posted inTAP
Memo to Term Appointees: Stay Put!
Today on TAP: Trump wants to oust the Fed chair and the IRS commissioner. They need to stay, as checks against autocratic power and hack appointees.
Posted inMoney, Politics, and Power
Elon Musk and Friends Propose Defunding the Fraud Police
Some tech billionaires hate the CFPB, which protects Americans from scams and abuse. Why?
Posted inEconomic Policy
The End of the Whole-of-Government Approach?
In the Biden administration, some officials actually tried to govern. The squealing from corporations made clear that this novelty was effective.
Posted inEconomic Policy
Economists as Apologists
Too much of the profession operates as the ideological department of predatory capitalism.
Posted inEducation in America
Navient Kicked Out of Student Loan System That It Already Left
The company was a bad student loan servicer; so are its successors. The problem is that private servicers can’t make a profit without harming borrowers.
Posted inTAP
A Window on Corporate Deceptions
Today on TAP: The amazing creativity of the Consumer Financial Protection Bureau
