this post was submitted on 17 Jan 2024
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Politics
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Should be expanded to identify any and all predatory fees and burn them at the stake. Feels like the FTC or Bureau of Consumer Protection should take this up as their top priority.
You can't just tell banks not to abuse their customers! That's crazy talk!
Well the USA is known to only tackle problems as they arise instead of before they could do damage.
Creates a freedom for companies to exploit and consumers often cant or wont sue them.
True, but before we go making a wishlist, let's remember that it's not even a possibility if Trump wins in November.
If anyone likes these systemic changes, mundane as they may be, remember that at the voting booth.
Just like all the unfulfilled AND unattempted promises from before the last election, it's always just another election away!
Almost makes populist Argentine president Javier Milei's "pack 300 of your ideas into a mega-decree that effectively becomes law with immediate effect until/unless parliament gets around to repealing parts of it with a 2/3 majority" strategy look like the more sensible approach.
Gonna take it you didn't read the article, because this literally is the Consumer Financial Protection Bureau:
I think they were saying the CFPB should take up stopping all predatory fees as their top priority.
Lol theyre gonna make it $14 and cut it just under half. It helps I guess but Its funny how theyre like $3 (or $14)
There's a lot of shit the FTC has been slipping on.