Personal Finance Reimagined转发了
Don’t Get DOGE’d: What Happens When Consumer Financial Protection Fades? The Trump administration’s newly established Department of Government Efficiency (DOGE) is moving to weaken—if not eliminate—the Consumer Financial Protection Bureau (CFPB). Marketed as a way to reduce bureaucracy, this shift raises serious concerns about financial security for American consumers. History has shown that without strong oversight, predatory lending, fraud, and financial instability increase. While other regulatory agencies exist, none have the consumer protection focus of the CFPB. If enforcement weakens, who will protect consumers from harmful financial practices? The reality is clear: Individuals must take greater responsibility for their financial well-being. Yet most Americans lack the financial education to navigate an increasingly deregulated market. That’s why decision-making—not just financial knowledge—is the most critical skill today. Personal Finance Reimagined (PFR) helps individuals and organizations develop structured financial decision-making skills. When government protections fade, financial literacy and sound decision processes become our best defense. Check out PFR latest article for a deeper dive into what’s changing—and what you can do about it. Article Link: https://lnkd.in/gDbcr_rK #ConsumerProtection #FinancialEducation #PersonalFinance #DecisionMaking #BehavioralEconomics #MoneyManagement #TrumpAdministration #CFPB #Deregulation #WealthBuilding