Julie Margetta Morgan
@jmargetta
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Former: @cfpb, @usedgov, VP of Research @rooseveltinst, policy for team @ewarren. She/hers.
Joined June 2010
RT @SenWarren: Vought is giving big banks and giant corporations the green light to scam families. The Consumer Financial Protection Bure…
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Supervision is CFPB’s first line of defense against scammers, predatory banks, and tech companies stealing your financial data. The Trump Administration is giving the green light to fraudsters.
New acting CFPB director Russell Vought sends a directive to Bureau staff telling them to "cease all supervision and examination activity" and "cease all stakeholder engagement," per a source familiar
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RT @millennial_debt: Reporters are missing a huge part of the @CFPB story: Musk now has access to confidential information about his compe…
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The DOGE takeover of CFPB could also mean the Elon Musk has access to confidential information CFPB receives from financial institutions - basically a treasure trove of information about his competitors.
Extremely important to note: Musk is promising to kill the agency that would regulate X as he tries to transform it into a money-transmitting app.
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Elon Musk promised to make X the biggest financial institution in the world. Now he wants to kill the only agency that would make him play by the rules.
The CFPB exists to protect all of us from being ripped off by predatory companies -- and it's damn effective at doing so. That's why @elonmusk wants it gone. Big Banks & Big Tech don’t want any watchdogs stopping them from scamming you.🧵👇
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RT @nhegde: Zuck complained about CFPB on Rogan, tech VC Andreesen also made up a complaint about debanking, and Musk said delete the agenc…
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Sky-high card interest rates are threatening Americans’ financial stability. Donald Trump campaigned on cracking down on interest rates, but he just fired the one official who could help him do it
It's been an honor serving as your @CFPB Director. Every day, Americans from across the country shared their ideas and experiences with us. You helped us hold powerful companies & their executives accountable for breaking the law, and you made our work better. Thank you. 🇺🇸🇺🇸🇺🇸
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RT @chopracfpb: It's been an honor serving as your @CFPB Director. Every day, Americans from across the country shared their ideas and exp…
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The Trump Administration wavered for a week or so, but today they came down firmly on the side of big banks.
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RT @owenslindsay1: I wrote a piece about why Musk wants the keys to the Treasury payment systems. There are a few possibilities. None of…
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RT @chopracfpb: As more companies use increasingly aggressive tools to monitor and assess workers with “black box” algorithms and artificia…
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There is still so much more to do, and millions of people still struggling with student loan debt. But this is really big, and I am so grateful that @SecCardona and @POTUS made it happen!
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This is big news for consumers!
FTC announces final “Click-to-Cancel” Rule making it easier for consumers to end recurring subscriptions and memberships: #ClicktoCancel /1
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This afternoon, the @WhiteHouse hosted individuals sharing the impact of medical debt on their lives. The stories are harrowing. We are all one medical crisis or one job loss away from crippling medical debt. @cfpb is taking action to help people fight back.
More than 100 million Americans have debt from medical bills. Today, at a @WhiteHouse event on medical debt, the @CFPB will announce new actions that take aim at collection of invalid or inflated medical bills.
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