Discover and read the best of Twitter Threads about #defendcfpb
Most recents (1)
“If the U.S. government ... is now standing foursquare behind all bank deposits in the country, we, the people, should get something in return.”
See @monthly @CarterD about what we need for a stable, fair and equitable financial system. 🧵1/14 washingtonmonthly.com/2023/05/22/a-n…
See @monthly @CarterD about what we need for a stable, fair and equitable financial system. 🧵1/14 washingtonmonthly.com/2023/05/22/a-n…
“[T]he explicit guarantee extended to the globally systemic banks is now extended to everyone,” said Renita Marcellin (@aphisha28)of @realBankRefrom. “We have this implicit guarantee for everyone, but not the rules and regulations that should be paired with [them].” 2/14
What do we need? How about a stable banking system, “essential services—such as deposits, money transfers, and credit—on a universal basis,” and “a strong role for regulatory agencies that protect consumers from abusive practices.” 3/14
