"Treasury Secretary Scott Bessent has shut down a wide variety of operations inside the Consumer Financial Protection Bureau in his new role as acting director."
Nothing of this makes sense in that all these actions don't seem to make life easier or better for citizens in particular or the world in general.
Removing consumer protection would be something hard to argue against too, but yet, here we are: https://news.bloomberglaw.com/banking-law/bessent-pauses-cfp...
"Treasury Secretary Scott Bessent has shut down a wide variety of operations inside the Consumer Financial Protection Bureau in his new role as acting director."
Nothing of this makes sense in that all these actions don't seem to make life easier or better for citizens in particular or the world in general.