Trump's Latest Target: The Consumer Financial Protection Bureau

The NPR Politics Podcast

NPR

Politics, Daily News, News

4.5 • 24.9K Ratings

🗓️ 10 February 2025

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

The government agency formed in the wake of the Great Recession acts to regulate financial products, like credit cards & mortgages. But, conservatives have never liked the CFPB, and its new acting director — appointed by President Trump over the weekend — ordered the agency's employees to stop working. They and critics fear the move is a step toward dismantling the CFPB altogether.

This episode: White House correspondent Asma Khalid, political correspondent Susan Davis, and personal finance correspondent Laurel Wamsley.

The podcast is produced by Bria Suggs & Kelli Wessinger, and edited by Casey Morell. Our executive producer is Muthoni Muturi.

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Transcript

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0:18.9	This is Shweather in Chicago, and I'm here with my mom who introduced me to the NPR Politics Podcast.
0:24.4	Hi.
0:25.5	Tomorrow's my 12th birthday.
0:27.6	This podcast was recorded at 1.37 p.m. Eastern Time on Monday, February 10th of 2025.
0:35.3	Things may have changed by the time you hear this, and so will my age.
0:39.3	Here's the show.
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0:45.5	That's so nice.
0:46.2	Oh, I love that.
0:47.0	Hey there, it's the NPR Politics Podcast.
0:49.0	I'm Asma Khalid.
0:49.7	I cover the White House.
0:50.7	I'm Susan Davis.
0:51.4	I cover politics.
0:52.2	And today on the show, we are looking at the
0:54.5	possible demise of the Consumer Financial Protection Bureau, known as the CFPB. Over the weekend,
1:01.1	the Trump administration ordered the agency to stop working and shut its headquarters and to make
	...

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