Consumer Financial Protection Agency

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US Politics

"Let the scams roll": Musk exploits misogyny to lure his fans into attacking their economic security

Summary

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62% Informative

Amanda Marcotte : The Consumer Financial Protection Bureau has done a good job protecting consumers.

She says it's been quietly blocking banks and other financial institutions from engaging in shady practices that led to the 2008 financial crash.

Marcotte says Elon Musk , Donald Trump and others hate the CFPB , but it's hard sell to the MAGA base.

The agency has restored $21 billion to consumers exploited by banks, lenders and payment apps .

Amanda Marcotte : Elon Musk is using sexist slurs against Elizabeth Warren and calling her "Senator Karen" Marcotte says Musk knows better than to complain that the government is making it too hard for billionaires like him to rip off the little guy.

She says Warren is a champion of the CFPB , but the decisions that so anger the Silicon Valley right-wing elite were made by Rohit Chopra , who ran the agency during the Biden administration.

Marcotte writes that the MAGA base is blinded by gender anxieties and loathing of smart women.

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informal

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English

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offensive

Hate speech