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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Microsoft CTO Kevin Scott on how AI can save the web, not destroy it

Microsoft CTO Kevin Scott on how AI can save the web, not destroy it

Today, I’m talking with Kevin Scott, the chief technology officer of Microsoft, and one of the company’s AI leaders. Kevin is one of my favorite repeat Decoder guests, and he joined the show this time...

19 Touko 20251h 10min

Workday's new product head hopes he can make you like Workday

Workday's new product head hopes he can make you like Workday

Today, I’m talking with Gerrit Kazmaier, the brand-new president of product and technology at Workday. Gerrit’s new on the job, maybe a little bit braver than most, and to his credit he came on the sh...

15 Touko 20251h 13min

Did Apple get too big for its own good?

Did Apple get too big for its own good?

We’re doing something a little different today — I asked my friend John Gruber of Daring Fireball to come on the show and talk about the future of Apple, and, importantly, the App Store. I wanted to t...

12 Touko 20251h 19min

Reuters is ready to stand up for the press — and embrace AI

Reuters is ready to stand up for the press — and embrace AI

Today, I’m talking with Paul Bascobert, who is the president of Reuters, as part of a special Thursday series we’re running this month to explore how leaders at some world’s biggest companies make dec...

8 Touko 20251h 6min

NYT publisher AG Sulzberger on Trump, OpenAI, and the economy

NYT publisher AG Sulzberger on Trump, OpenAI, and the economy

Hey everyone, it’s Nilay. We’re off today, but we’ll be back Thursday, so stay tuned. In the meantime, we have an excellent episode from Business Insider Chief Correspondent Peter Kafka, who hosts the...

5 Touko 20251h 6min

What Trump has broken in 100 days

What Trump has broken in 100 days

A lot has happened in the first 100 days of Trump's second term. It’s nearly too much to keep up with, really, but we're going to try. Verge policy editor Adi Robertson joins Decoder this week to talk...

1 Touko 202548min

Decoder Live: Fired FTC commissioners fight back

Decoder Live: Fired FTC commissioners fight back

A few days ago, I hosted a panel with FTC commissioners Rebecca Slaughter and Alvaro Bedoya at the IAPP Global Privacy Summit in Washington, DC. We recorded the discussion, and we’re bringing it to yo...

28 Huhti 202554min

The case for breaking up Google has never been stronger

The case for breaking up Google has never been stronger

Today we’re talking about the very real possibility that Google might be broken up by the United States government. And to do that, I’m talking to Jonathan Kanter, the former assistant attorney genera...

24 Huhti 20251h 8min

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