CFPB Backs Off: Apple, U.S. Bank Oversight Ends

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Is the Consumer Financial Protection Bureau backing down? Apple and U.S. Bank just got a get-out-of-jail-free card, escaping oversight despite past financial product fiascos. Insiders say the CFPB is dropping cases left and right due to budget cuts and political pressure, sparking fears of a weakened watchdog. Is this the end of strong financial consumer protection? Hosted on Acast. See acast.com/privacy for more information.

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