Continuing with original post:
Buyers beware: if you bought Trump's campaign line about grocery prices and eggs and gas at the pump, he cares not a twit about consumers. He never had powers to roll back grocery prices or even gas at the pump.(crude oil supplies and price per barrel are set in world markets controlled by international cartels) You were conned. He does have the power to raise consumer prices and he thinks he has the power to end protections from financial institutions screwing consumers. He guts the CFPB that protects you from bad-acting financial institutions, raises costs of living by high tariffs, and favors business interests so far in every instance. Trump has admitted consumers will feel the pain from tariffs, but "it will be worth it".Worth it for whom? Not the consumers. For investors, maybe. His announcement regarding a 25% tariff increase for steel and aluminum will further hit consumers with higher prices. Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty - ABC News.
https://www.forbes.com/sites/saradorn/2025/02/10/trump-vs-cfpb-russ-vought-orders-consumer-financial-protection-bureau-to-stop-work/ So what now. Here is what those innocent doze boys have done: engineered the largest data breach of personal data held in the Treasury computers. Good work boys. And today, we learned as the Consumer Finance Protection Agency was being shut down, we got invaluable private consumer data and information. Good work, boys. Four young staffers working under Elon Musk gained access to highly sensitive personal data held by a consumer protection agency before shutting it down. Musk allies given access to private consumer data before shutting down agency: sources
White House budget director Russell Vought ordered wider access to Consumer Financial Protection Bureau materials by staffers working for the so-called Department of Government Efficiency over the weekend before agency chief operating officer Adam Martinez ordered all its employees to stay home for the week, reported Bloomberg News.
MUFTIC FORUM BLOG: Musk's return on investment in Trump has just begun
The 'more sinister' reason behind Musk's attack on consumer protection | Opinion
MUFTIC FORUM BLOG: Wise up, consumers, to the price of eggs and gas at the pump updated 2/3/2025..