Summary
The second Trump administration could dismantle key government agencies aiding working people, particularly the Consumer Financial Protection Bureau (CFPB).
Created after the 2008 financial crisis, the CFPB has secured major consumer wins under Biden-appointed director Rohit Chopra, such as capping overdraft fees and banning excessive credit card late fees.
Trump previously weakened the agency, and his return could prioritize corporate interests.
Progressives are urged to defend the CFPB’s achievements and use its success as a rallying point in future political campaigns.
That a quote around 60 years old is still not only relevant but still working to keep power says a lot about how broken things have always been.
History doesn’t repeat itself but it does rhyme.