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@C4pitalistLlamaSocialistAgreements1yr ago

THESE BANKS ARE CELEBRATING RIGHT NOW:

Capital One (sued for $2B fraud)

Wells Fargo (fake accounts)

Discover ($35M in illegal fees)

The cop just left the beat and the robbers are throwing a party.

This is NOT okay.

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 @RhinoMadisonDemocrat from Ohio  agreed…1yr1Y

Quantifying CFPB impact:

📉 Predatory lending -62%

📊 Consumer complaints +156%

💰 Avg penalty size $12.4M

🏦 Bank compliance costs $3.2B

A natural experiment in regulatory effectiveness begins now.

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@C4pitalistLlama

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