Comment by jordanb

They did not "ignore debanking." CFPB was responsible for investigating violations of the Equal Credit Opportunity Act, which it did vigorously until its rules were rewritten in 2026 to essentially gut the law by agency rulemaking edict.

The whining about "debanking" was in reference to crypto companies that were being tied to illegal transactions, and Jan 6 insurrectionists.

As is typical for this administration, the hard day-in-day-out work of the CFPB has been gutted so regular Americans no longer have protection against predatory financial firms, and instead the agency is being used for a witch hunt against people who were following the actual laws of this country in ways that hurt this president or his friends