Current:Home > NewsHow a consumer watchdog's power became a liability -Quantum Capital Pro
How a consumer watchdog's power became a liability
View
Date:2025-04-15 00:20:32
The Consumer Financial Protection Bureau was created in 2010 as the legislative response to the Great Recession. It's an aggressive regulator that challenges financial institutions on behalf of consumers. However, the unique power it wields may turn out to be its vulnerability. The bureau's critics take issue with the very tools that give the agency its might and are asking the Supreme Court to make changes. Today, we examine how the CFPB came to be such a powerful regulator and why some want to see the agency overhauled.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (5759)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- The Paralympic Games are starting. Here’s what to expect as 4,400 athletes compete in Paris
- Bristol Palin Details “Gut-Wrenching” Way Her 15-Year-Old Son Tripp Told Her He Wanted to Live With Dad
- Julianne Hough Says Ex Brooks Laich Making Her Feel Like a “Little Girl” Contributed to Their Divorce
- The company planning a successor to Concorde makes its first supersonic test
- Who aced the NHL offseason? Grading all 32 teams on their moves
- Walmart's prices lowered on thousands of items except in this 'stubborn' food aisle
- Full of battle scars, Cam McCormick proudly heads into 9th college football season
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Video shows long-tailed shark struggling to get back into the ocean at NYC beach
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- The best 2024 SUVs for towing: all sizes, all capability
- What’s hot in theaters? Old movies — and some that aren’t so old
- Tristan Thompson Celebrates “Twin” True Thompson’s Milestone With Ex Khloe Kardashian
- New data highlights 'achievement gap' for students in the US
- Brittany Cartwright files to divorce Jax Taylor after 5 years of marriage
- 2 Arizona women found dead in overturned vehicle on Mexico highway, police say
- Residents in Boston suburb raised $20K after town officials shut down boy’s ice cream stand
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Rohingya refugees mark the anniversary of their exodus and demand a safe return to Myanmar
Brandon Jenner's Wife Cayley Jenner Gives Birth, Welcomes Baby No. 3
Michigan power outages widespread after potent storms lash the state
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Don't Miss Kate Spade Outlet's Labor Day Sale: Chic Bags, Wristlets & More Up to 81% off, Starting at $19
'Very demure' creator Jools Lebron says trademark situation has been 'handled'
Walmart's prices lowered on thousands of items except in this 'stubborn' food aisle