Why DOGE is killing the agency that stops banks from ripping you off

Why DOGE is killing the agency that stops banks from ripping you off

Rohit Chopra was the Consumer Financial Protection Bureau head until the end of January, when President Donald Trump fired him and Elon Musk’s DOGE began trying to dismantle the agency. The CFPB has been pretty popular since it was founded in the wake of the 2008 financial crisis to protect consumers, so shutting it down has kicked off a bunch of controversies — not least of which was whether Trump and Musk even had the power to do it. This all led me to ask several times who made the decision to fire him, who is currently responsible for the various policies of our government, and whether any of those things add up to a clear plan. Some of the most powerful executives in the world answer questions like this on Decoder all the time. But Rohit just didn’t know — and that should probably be as worrying as anything. Links: Trump fires CFPB director Rohit Chopra | Associated Press Trump orders CFPB to stop work, closes building | Associated Press CFPB workers reinstated after court order but still can’t work | The Verge Trump admin to appeal order blocking CFPB shutdown | Bloomberg Law A shady tech bootcamp may be sneaking back online | The Verge CFPB won’t enforce long-awaited payday lending rule | Bloomberg Law CFPB seeks to vacate redlining settlement, refund lender | Banking Dive CFPB signals it will drop rule regulating BNPL like credit cards | PYMTS CFPB drops fraud lawsuit against banks, Zelle | CNBC Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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We are not ready for better deepfakes

We are not ready for better deepfakes

This is Alex Heath, your Thursday episode guest host. Today I'm talking with Gaurav Misra, the CEO of Captions. You may not have heard of Captions yet, but by now, you’ve probably seen a video that wa...

24 Heinä 202556min

Why tech billionaires want a ‘corporate dictatorship’

Why tech billionaires want a ‘corporate dictatorship’

This is Jon Fortt, CNBC journalist. I’m guest-hosting for a couple more episodes of Decoder this summer while Nilay is out on parental leave. Today, I’m talking with a very special guest: Gil Duran, a...

21 Heinä 20251h 2min

Perplexity CEO on why the browser is AI's killer app

Perplexity CEO on why the browser is AI's killer app

This is Alex Heath, deputy editor at The Verge. Nilay’s out on parental leave for the next few months, so I’ll be stepping in to host our Thursday episodes while he’s out. My guest today is Perplexity...

17 Heinä 202549min

How decision making will change when AI answers are cheap and (too) easy

How decision making will change when AI answers are cheap and (too) easy

This is Jon Fortt, CNBC journalist, co-host of Closing Bell Overtime, and creator and host of the Fortt Knox podcast. I’m stepping in to guest host a few episodes of Decoder this summer while he’s out...

14 Heinä 20251h 3min

Inside the AI startup frenzy: ‘Everyone’s pivoting, then pivoting again’

Inside the AI startup frenzy: ‘Everyone’s pivoting, then pivoting again’

On this episode of Decoder, Ellis Hamburger — former journalist at The Verge, early Snap employee, and founder of the brand strategy studio Meaning — joins guest host Alex Heath to share why many AI f...

10 Heinä 202548min

How SharkNinja took over the home

How SharkNinja took over the home

It’s summertime, which means it’s time for our annual grilling episode. In years past we’ve talked to the leaders of Big Green Egg, Traeger, and Blackstone, and it’s always fascinating how those compa...

7 Heinä 20251h 24min

Why Automattic CEO Matt Mullenweg went to war over WordPress

Why Automattic CEO Matt Mullenweg went to war over WordPress

Today, I’m talking with Matt Mullenweg, the founder and CEO of Automattic and the public face of WordPress. Last year, Matt essentially went to war, publicly and in the courts, against a hosting compa...

30 Kesä 20251h 9min

Hinge CEO Justin McLeod says dating AI chatbots is 'playing with fire'

Hinge CEO Justin McLeod says dating AI chatbots is 'playing with fire'

Today, I’m talking with Hinge founder and CEO Justin McLeod. Hinge is one of the biggest dating apps in the United States — it’s rivaled only by Tinder, and both are owned by the massive conglomerate ...

23 Kesä 20251h 3min

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