Elizabeth Warren
π€ SpeakerAppearances Over Time
Podcast Appearances
If you have a bank account or a credit card or a mortgage or a student loan, this is code red. I am ringing the alarm bell. Elon Musk and the guy who wrote Project 2025, Russ Vogt, are trying to kill the Consumer Financial Protection Bureau. If they succeed, CEOs and Wall Street will once again be free to trick, trap, and cheat you. So why are these two guys trying to gut the CFPB?
If you have a bank account or a credit card or a mortgage or a student loan, this is code red. I am ringing the alarm bell. Elon Musk and the guy who wrote Project 2025, Russ Vogt, are trying to kill the Consumer Financial Protection Bureau. If they succeed, CEOs and Wall Street will once again be free to trick, trap, and cheat you. So why are these two guys trying to gut the CFPB?
If you have a bank account or a credit card or a mortgage or a student loan, this is code red. I am ringing the alarm bell. Elon Musk and the guy who wrote Project 2025, Russ Vogt, are trying to kill the Consumer Financial Protection Bureau. If they succeed, CEOs and Wall Street will once again be free to trick, trap, and cheat you. So why are these two guys trying to gut the CFPB?
not rocket science. Trump campaigned on helping working people, but now that he's in charge, this is the payoff to the rich guys who invested in his campaign and who want to cheat families and not have anybody around to stop them. Yeah, it's another scam.
not rocket science. Trump campaigned on helping working people, but now that he's in charge, this is the payoff to the rich guys who invested in his campaign and who want to cheat families and not have anybody around to stop them. Yeah, it's another scam.
not rocket science. Trump campaigned on helping working people, but now that he's in charge, this is the payoff to the rich guys who invested in his campaign and who want to cheat families and not have anybody around to stop them. Yeah, it's another scam.
Well, so we're in this moment where Donald Trump ran for president saying over and over and over he was going to lower costs for American families. Remember how much he talked about the price of groceries, the price of eggs, right? Going to lower those costs. And now here we are three weeks into the Trump administration.
Well, so we're in this moment where Donald Trump ran for president saying over and over and over he was going to lower costs for American families. Remember how much he talked about the price of groceries, the price of eggs, right? Going to lower those costs. And now here we are three weeks into the Trump administration.
And they say this Consumer Financial Protection Bureau, which is literally the cop on the beat to make sure that a family doesn't get cheated when they take out a mortgage, that you don't get tricked in the fine print on a car loan, that your credit card doesn't have a bunch of hidden fees in it, that your student loan issuer hasn't scammed you and put you in the wrong program.
And they say this Consumer Financial Protection Bureau, which is literally the cop on the beat to make sure that a family doesn't get cheated when they take out a mortgage, that you don't get tricked in the fine print on a car loan, that your credit card doesn't have a bunch of hidden fees in it, that your student loan issuer hasn't scammed you and put you in the wrong program.
So this is an agency that literally, over the 13 years it's been out there working, has recovered more than $21 billion that these big financial institutions have cheated people out of and actually returned the money. to the people that they cheated.
So this is an agency that literally, over the 13 years it's been out there working, has recovered more than $21 billion that these big financial institutions have cheated people out of and actually returned the money. to the people that they cheated.
So what Donald Trump has done, saying he really wanted to lower costs, is he's taken this agency that is the cop on the beat for the cheaters, and when they get caught cheating, makes them give the money back, And he said, cops, step aside. Look the other way. We don't care how big the scam is. We don't care who's getting hurt.
So what Donald Trump has done, saying he really wanted to lower costs, is he's taken this agency that is the cop on the beat for the cheaters, and when they get caught cheating, makes them give the money back, And he said, cops, step aside. Look the other way. We don't care how big the scam is. We don't care who's getting hurt.
Just everybody put your pins down, fold your hands, put them in your lap and let the scams roll on.
Just everybody put your pins down, fold your hands, put them in your lap and let the scams roll on.
That's exactly right. Congress created this agency. There were laws that were passed, right? They passed a bill in the House, passed a bill in the Senate, did a conference, got the thing through, was signed into law by the president of the United States. And only Congressβ Not Donald Trump, not Elon Musk, not some 22-year-old programmer. Only Congress can shut this agency down.
That's exactly right. Congress created this agency. There were laws that were passed, right? They passed a bill in the House, passed a bill in the Senate, did a conference, got the thing through, was signed into law by the president of the United States. And only Congressβ Not Donald Trump, not Elon Musk, not some 22-year-old programmer. Only Congress can shut this agency down.
But here's the trick on that one. You notice none of the Republicans, oh yeah, you know, beat on their chest and they're big manly guys. And they keep putting in these bills to say, let's shut down the consumer agency. But they don't actually want a real vote on that. A lot of them don't actually want to stand next to exactly what they're trying to do.
But here's the trick on that one. You notice none of the Republicans, oh yeah, you know, beat on their chest and they're big manly guys. And they keep putting in these bills to say, let's shut down the consumer agency. But they don't actually want a real vote on that. A lot of them don't actually want to stand next to exactly what they're trying to do.