is fraud legal now?

A lotta talk on here that Democrats were the party of lawlessness. What's this? Republicans don't think fraud should be illegal?

"Republican lawmakers at yesterday’s House Committee on Financial Services supported the evisceration of the Consumer Financial Protection Bureau, which was a coordinated national response to the epidemic of fraud sweeping America.

They bemoaned scam after scam—ones involving data brokers, cryptocurrency, online payment programs, honeypot schemes, and “pig butchering”—the practice of stealing money by tricking someone into putting ever-increasing amounts of money into a digital asset wallet—all of which the now-mothballed CFPB had been working on, in some cases for years."

https://prospect.org/2025/09/19/2025-09-19-gop-wrings-hands-about-fraud-after-crushing-cfpb/

@wildgrass said
A lotta talk on here that Democrats were the party of lawlessness. What's this? Republicans don't think fraud should be illegal?

"Republican lawmakers at yesterday’s House Committee on Financial Services supported the evisceration of the Consumer Financial Protection Bureau, which was a coordinated national response to the epidemic of fraud sweeping America.

They bemo ...[text shortened]... rs."

https://prospect.org/2025/09/19/2025-09-19-gop-wrings-hands-about-fraud-after-crushing-cfpb/

@wildgrass said
A lotta talk on here that Democrats were the party of lawlessness. What's this? Republicans don't think fraud should be illegal?

"Republican lawmakers at yesterday’s House Committee on Financial Services supported the evisceration of the Consumer Financial Protection Bureau, which was a coordinated national response to the epidemic of fraud sweeping America.

They bemo ...[text shortened]... rs."

https://prospect.org/2025/09/19/2025-09-19-gop-wrings-hands-about-fraud-after-crushing-cfpb/

@Mott-The-Hoople said
prospect.org? dont forget to donate

@sonhouse said
All that Repub crap is just that, CRAP. They are words and words only with ZERO proof and I don't think they give a damn of people believe them or not.

@wildgrass said
A lotta talk on here that Democrats were the party of lawlessness. What's this? Republicans don't think fraud should be illegal?

"Republican lawmakers at yesterday’s House Committee on Financial Services supported the evisceration of the Consumer Financial Protection Bureau, which was a coordinated national response to the epidemic of fraud sweeping America.

They bemo ...[text shortened]... rs."

https://prospect.org/2025/09/19/2025-09-19-gop-wrings-hands-about-fraud-after-crushing-cfpb/

@wildgrass said
Are you saying the story is fake?

@Mott-The-Hoople said
I’m saying it’s a liberal blog that makes money from distorting situations to appease a certain audience.

@wildgrass said
It's an opinion piece, smarty pants. If you disagree with the opinion, it's some curious debate tactic to just say you don't like the magazine where it was published.

But Republicans did remove some funding from anti fraud CFPB and are trying to get rid of it. What about the point of the question regarding whether fraud is legal now? If all law enforcement efforts are geared towards pepper spraying children, what's left for investigations of white collar crime?

@Mott-The-Hoople said
did your blog tell that the cfpb had been weaponized against conservatives?


"Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee hearing, led by Subcommittee Chairman Dan Meuser (PA-09), to examine the Consumer Financial Protection Bureau's (CFPB) broad investigative authority and the harm its regulation by enfor ...[text shortened]... -class Americans.'

https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=410779

@wildgrass said
This statement is about banking, not conservatives.

@Mott-The-Hoople said
try again...

"the harm its regulation by enforcement scheme has caused to working-class Americans.'"

@wildgrass said
Lol you wrote that it was weaponized against conservatives, of course there's zero evidence of that.

Your articles about banking mate. Of course working class Americans work at banks. Idiotic political marble mouth.

Should banks be allowed to commit fraud in America? If we don't catch them, they won't have to close down their fraudulent enterprises.

It seems like C ...[text shortened]... cians to get rid of regulatory agency than provide evidence they are not defrauding their customers.

@Mott-The-Hoople said
"Lol you wrote that it was weaponized against conservatives, of course there's zero evidence of that."

Its right there ..."working class Americans"

its BUSINESSES, not just banking