Drudge Retort: The Other Side of the News
Tuesday, April 10, 2018

In the 135 days since the Trump administration took control of the nation's consumer watchdog agency, it has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies whatsoever.

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Here is an LA Times story about Mulvaney's moves to weaken consumer protection.

This is only a "according to sources" story but it says Mulvaney plans to seek a record fine from Wells Fargo & Co. But nothing has been announced from the department.

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And here is Trump looking out for the little guy.

And here are the Conservatives standing up to big banks and Wall Street.

#1 | Posted by Sycophant at 2018-04-10 03:00 PM | Reply

We should expect nothing but criminality from all Trump appointees.

#2 | Posted by redlightrobot at 2018-04-10 05:42 PM | Reply

The little protection the consumer had is now gone.
We are virtually defenseless against corporations.

#3 | Posted by fresno500 at 2018-04-10 07:53 PM | Reply

This is outrageous. After Obama nearly created a ghost town out of Wall Street and the big banks using prosecutions for the 2008 economic collapse, Trump is clearly dropping the ball here.

I would like to see true restraints put on Wall Street and the banks but the reality is that both parties are bought and paid for in this regard. Anything done is pure theater and seen by Obama's shameful lack of action following the most egregious actions leading up to the collapse.

Trump doesn't get a pass on this from me, but it is not in my top 3 issues currently.

#4 | Posted by Rex_Buyt at 2018-04-11 07:37 AM | Reply

The "American Consumer" is tapped out. He/she is in debt up to his/her eyeballs, and there is NO way out. The party was over for the unwashed masses when the banksters got a "Get Out Of Jail Free" card in 2008.

#5 | Posted by john47 at 2018-04-11 08:49 AM | Reply

I would like to see true restraints put on Wall Street and the banks but the reality is that both parties are bought and paid for in this regard. Anything done is pure theater and seen by Obama's shameful lack of action following the most egregious actions leading up to the collapse.
Trump doesn't get a pass on this from me, but it is not in my top 3 issues currently.

#4 | POSTED BY REX_BUYT

Pure theater? Wells Fargo didn't feel that way when that way when they were fined $185 million under Obama. Wall Street didn't feel that way when Obama and Democrats put down regulations after the economic collapse.

But Trump seems to be doing nothing. The organization hasn't done ANYTHING since he took office.

if its not a top 3 issue for you, I expect you not to say "Hillary was in bed with Wall Street" anymore.

#6 | Posted by Sycophant at 2018-04-11 02:29 PM | Reply

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Drudge Retort