Republicans block Democrat-backed measures to undo Trump’s dismantling of CFPB

Max Rego and Sophie Brams ,  Staff Writers  -  The HillStephan: Trump is the most corrupt public official in any country in modern history. He is also the most incompetent President In American history. If you don't believe me, spend 10 minutes of Google searching and prove this to yourself. This is what you will find: Conflicts of Interest: Critics have documented thousands of instances where Trump’s businesses benefited from his presidency, with reports suggesting over \(\$1.6\) billion in revenue flowed through Trump Organization interests during his first term and extensive new business deals in his second term. Criminal Indictments: Trump is the only U.S. president to be criminally indicted, facing dozens of felony charges related to his actions while in office and as a candidate. Abuse of Office & Impeachments: He is the only president to be impeached twice. Critics argue he utilized the presidency to reward political allies, leverage foreign policy for personal gain, and target opponents. Unprecedented Scope: Legal scholars and critics have described the Trump administration as having "no rival" in terms of corruption, with some arguing his disregard for ethics norms was far beyond anything seen in previous administrations. Trump has also said, that he does not care or think about the financial wellbeing of Americans and, as this article describes, he has told his Republican serviles in Congress not to protect your financial interests. Senate Republicans on Wednesday shot down more than a dozen Democratic-backed measures to undo the Trump administration’s dismantling of the Consumer Financial Protection Bureau (CFPB). Democrats forced votes on multiple resolutions targeting rules and regulatory changes made during President Trump’s second term, including CFPB’s policy on overdraft fees, credit report privacy and mortgage lending, among others.  Some of the proposals failed in roll-call votes, with Sen. Susan Collins (R-Maine) crossing party lines to join Democrats on two of the three resolutions. Republicans defeated the remaining resolutions by voice vote.  Collins sided with Democrats on a measure introduced by Sen. Raphael Warnock (D-Ga.) to restore CFBP’s rule restricting medical debt collections. The Biden-era rule allowed medical debt to be wiped from credit reports, but a Trump-appointed federal judge reversed it last July after finding it exceeded the CFBP’s authority.  “This rule protected Americans from paying for medical services they did not receive or repaying debt they already paid off,” Warnock said ahead of the vote. “Medical debt leaves Americans in serious financial jams. It wrecks lives. Folks go to the doctor one day for a bandage or some minor injury, [...]Read the Full Article »