4.6 • 4.9K Ratings
🗓️ 3 March 2025
⏱️ 31 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | It's my pleasure to welcome you here to the Clark Howard Show. |
0:08.4 | You know, our mission is to serve you with advice and information that empowers you |
0:13.0 | to make better financial decisions in your life. |
0:17.4 | In today's show, I'm being constantly asked how I feel about what's happening to the Consumer Financial Protection Bureau. |
0:26.5 | I'm going to talk about that straight ahead. |
0:28.8 | And also today, if you've listened for a long time, you know how much I love Costco. |
0:35.3 | We have a dog right now named Kirkland Signland signature we had a late dog one that's |
0:40.3 | passed away that was named costco wholesale i love that place but it seems that there's a shift in |
0:47.8 | the marketplace and there's another store that people love even more than Costco. |
0:55.3 | I'm going to talk about that later. |
0:58.2 | Okay, so the Consumer Financial Protection Bureau was the initial primary target |
1:06.0 | attacked by Doge, by Elon Musk, as a part of the federal government that he wanted to destroy. |
1:15.7 | And the Consumer Financial Protection Bureau is something I really believe in. |
1:21.3 | I was an advocate of its creation and the aftermath of the banking scandals of, gosh, we're getting closer to it being almost a |
1:31.0 | generation ago, the banking scandals that led to the Great Recession and all the high |
1:37.9 | unemployment and the house foreclosures and all that because banks run amok breaking the law more than 15 years ago |
1:48.8 | closing in on 20. And so the Congress chose to put in place, the Consumer Financial Protection |
1:56.6 | Bureau, which gave you as a consumer, a place to go to get help if you were having a problem |
2:04.5 | with the bank that was ignoring you or a credit bureau that had false information about you on |
2:12.0 | your report and they were ignoring you about various things involved with your and my wallet. And I can understand how the |
2:19.8 | world's richest man, Musk doesn't understand how important this is to everyday people, |
2:26.8 | because your money, you worked hard for it. And if it vanishes from your bank account or whatever, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.