The Consumer Financial Protection Bureau (CFPB) has removed almost 400 videos from its YouTube channel as part of a broader decline in the agency's oversight capabilities under the Trump administration. Social media accounts on Facebook and X have also been taken down, and the agency's homepage delivers a 404 error. The reductions are part of a strategy to dismantle the CFPB, which plays a crucial role in protecting consumers in financial services, particularly against tech companies. Recently, around 20 technologists from the bureau were terminated, deepening concerns over diminished accountability for financial technology services.
Nearly 400 videos were removed from the Consumer Financial Protection Bureau's YouTube page as the agency faces a significant reduction in resources and visibility.
The dismantling of the CFPB, including taking down its social media accounts, reflects a broader federal push to reduce oversight of consumer protection in financial services.
#consumer-financial-protection-bureau #social-media #trump-administration #financial-services #government-oversight
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