Laurel Wamsley
👤 PersonAppearances Over Time
Podcast Appearances
So if there is a big ticket item that you've been eyeing and the price is something you can currently pay but wouldn't want to see a big price hike on, you know, maybe go ahead and get it sooner than later.
So if there is a big ticket item that you've been eyeing and the price is something you can currently pay but wouldn't want to see a big price hike on, you know, maybe go ahead and get it sooner than later.
it's quite troubling because the Bureau is the country's consumer finance watchdog, and it's an enforcement agency. I've talked with several CFPB staff and former staff in recent days, and they named a few big concerns. One is that a new stop work order from its new acting director halts the agency's supervision work.
it's quite troubling because the Bureau is the country's consumer finance watchdog, and it's an enforcement agency. I've talked with several CFPB staff and former staff in recent days, and they named a few big concerns. One is that a new stop work order from its new acting director halts the agency's supervision work.
it's quite troubling because the Bureau is the country's consumer finance watchdog, and it's an enforcement agency. I've talked with several CFPB staff and former staff in recent days, and they named a few big concerns. One is that a new stop work order from its new acting director halts the agency's supervision work.
They said the agency has hundreds and hundreds of employees who go across the country, who go into companies and make sure they're following important consumer protections. As Julie Margetta Morgan, who was CFPB's associate director of research and monitoring until she left the agency last month, put it, They're shutting down literally the cops on the beat.
They said the agency has hundreds and hundreds of employees who go across the country, who go into companies and make sure they're following important consumer protections. As Julie Margetta Morgan, who was CFPB's associate director of research and monitoring until she left the agency last month, put it, They're shutting down literally the cops on the beat.
They said the agency has hundreds and hundreds of employees who go across the country, who go into companies and make sure they're following important consumer protections. As Julie Margetta Morgan, who was CFPB's associate director of research and monitoring until she left the agency last month, put it, They're shutting down literally the cops on the beat.
They make sure your student loan company is actually processing your payments and that mortgage companies follow the rules put in place after the Great Recession. And there's a second big concern, which is that all of this is happening under Elon Musk, who is the CEO of Tesla and has talked about wanting his ex-company to be a whole commerce and payments platform.
They make sure your student loan company is actually processing your payments and that mortgage companies follow the rules put in place after the Great Recession. And there's a second big concern, which is that all of this is happening under Elon Musk, who is the CEO of Tesla and has talked about wanting his ex-company to be a whole commerce and payments platform.
They make sure your student loan company is actually processing your payments and that mortgage companies follow the rules put in place after the Great Recession. And there's a second big concern, which is that all of this is happening under Elon Musk, who is the CEO of Tesla and has talked about wanting his ex-company to be a whole commerce and payments platform.
And now it looks like he has access to all of CFPB's records, including company's proprietary information. That'd be a huge competitive advantage to someone like Musk. And of course, there are worries that that sensitive information will be mishandled.
And now it looks like he has access to all of CFPB's records, including company's proprietary information. That'd be a huge competitive advantage to someone like Musk. And of course, there are worries that that sensitive information will be mishandled.
And now it looks like he has access to all of CFPB's records, including company's proprietary information. That'd be a huge competitive advantage to someone like Musk. And of course, there are worries that that sensitive information will be mishandled.
Yeah, it's been a tumultuous few days. On Friday, staff from Elon Musk's government efficiency team were seen at CFPB headquarters, and they've gained access to those key internal systems. Then over the weekend, Trump tapped Russell Vogt as the new acting director.
Yeah, it's been a tumultuous few days. On Friday, staff from Elon Musk's government efficiency team were seen at CFPB headquarters, and they've gained access to those key internal systems. Then over the weekend, Trump tapped Russell Vogt as the new acting director.
Yeah, it's been a tumultuous few days. On Friday, staff from Elon Musk's government efficiency team were seen at CFPB headquarters, and they've gained access to those key internal systems. Then over the weekend, Trump tapped Russell Vogt as the new acting director.
Vogt was an architect of the conservative policy agenda, Project 2025, and he sent an all-staff email ordering a halt to virtually all of their work. Shortly thereafter, Vogt posted on X that he would not be drawing the agency's next round of funding from the Federal Reserve. And then just yesterday, an email was sent to all staff and contractors saying that CFPB's D.C.
Vogt was an architect of the conservative policy agenda, Project 2025, and he sent an all-staff email ordering a halt to virtually all of their work. Shortly thereafter, Vogt posted on X that he would not be drawing the agency's next round of funding from the Federal Reserve. And then just yesterday, an email was sent to all staff and contractors saying that CFPB's D.C.
Vogt was an architect of the conservative policy agenda, Project 2025, and he sent an all-staff email ordering a halt to virtually all of their work. Shortly thereafter, Vogt posted on X that he would not be drawing the agency's next round of funding from the Federal Reserve. And then just yesterday, an email was sent to all staff and contractors saying that CFPB's D.C.