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The CFPB has a new acting director, Dave Uejio, who recently replaced Trump appointee Kathleen Kraninger. In a CFPB blog post dated Jan. 28, Uejio stated his two main priorities would be “(1) relief for consumers facing hardship due to COVID-19 and the related economic crisis, and (2) *racial equity.”*

>The CFPB has a new acting director, Dave Uejio, who recently replaced Trump appointee Kathleen Kraninger. In a CFPB blog post dated Jan. 28, Uejio stated his two main priorities would be “(1) relief for consumers facing hardship due to COVID-19 and the related economic crisis, and (2) ****racial equity.”****

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People think of credit reporting laws as consumer protection, but the way I think about it: credit bureaus wouldn't exist without them. Their whole schtick is basically saying negative things about a person based on hearsay. The bureaus collect information provided by lenders; you do not borrow from a credit bureau. We hear all this about errors on credit reports? Without those "consumer protection" laws, every one of those "mistakes" would be a lawsuit. IANAL so maybe someone can explain how I'm wrong, but it makes sense that the laws would be bought and paid for by the bureaux to cover their own asses.