Chart of the Day: Why Republicans Hate the CFPB

The acronym CFPB stands for Consumer Finance Protection Bureau. But protection of who? And from whom? The answer is: protection of consumers from big banks. And that’s why big banks hate it:

And that, of course, is why the Republican Party and its leader, the great populist Donald Trump, hate it too. Sometimes the simple answers are really all you need.

DONALD TRUMP & DEMOCRACY

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

And we need your support like never before, to fight back against the existential threats American democracy faces. Fundraising for nonprofit media is always a challenge, and we need all hands on deck right now. We have no cushion; we leave it all on the field.

It’s reader support that enables Mother Jones to report the facts that are too difficult, expensive, or inconvenient for other news outlets to uncover. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

payment methods

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