TRUMP AND HIS REGIME DON’T CARE ABOUT YOU

SUMMARY: President Trump and his regime don’t care about you and aren’t protecting your health, safety, or financial security. Here are some examples of actions they have taken that put you at risk.

(Note: If you find a post too long to read, please just skim the bolded portions. Thanks for reading my blog!)

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Trump and his regime don’t care about you, your health or safety, or protecting you from financial fraud and crime. They demonstrate this in many ways. Here are some examples.

The Trump regime is NOT protecting you from financial fraud and abuse. Since its first days in office, it’s been weakening the Consumer Financial Protection Bureau (CFPB). Most recently, the Trump-controlled CFPB announced it would no longer make consumer complaints public. Failure to make complaints public will protect financial companies from scrutiny and transparency, hiding corporate misconduct from the public. It removes the incentive companies have to avoid, fix, and respond to problems that comes with public awareness and publicity. Furthermore, the CFPB recently purged its backlog of complaints and canceled a policy requiring refunds to consumers who had been overcharged. [1]

Consumer complaints filed with the CFPB have doubled in 2025 to 6.6 million (from 3.2 million in 2024). Since 2011, the CFPB has received and made public more than seventeen million complaints. Nearly six million consumers have received some form of relief in response to their CFPB complaints over its 16 years of operation. The CFPB has gotten consumers over $20 billion in compensation based on complaints involving loans, bank accounts, credit reports, and other financial matters.

The Trump regime is also NOT protecting us from drug and human trafficking as well as financial fraud because it has stopped blocking the money laundering necessary for these criminal enterprises. It has terminated the shell company [2] registry of the Financial Crimes Enforcement Network (FinCEN) in the Treasury Department. Congress created the registry in 2021 through the Corporate Transparency Act (CTA). It was a response to the reporting of investigative journalists who documented that between 1999 and 2017 U.S. banks had processed more than $2 trillion in potentially laundered money for criminals using shell companies and operating out of Russia, China, Iran, and Syria. At the time, Senator Rubio, now Trump’s Secretary of State, called the CTA “the most significant anti-corruption and money laundering law in decades.” [3]

To combat this extensive money laundering, the CTA requires every individual owning at least 25% of a shell company to register their legal name, date of birth, and residential street address; and provide an image of an official identification document with a unique identifying number. The Trump regime has now (probably illegally) stopped enforcing this law. [4] The termination of the shell company registry also facilitates oligarchs’ ability to hide their money and avoid taxes. Trump’s Treasury Department also destroyed the registry’s data that had been previously collected.

Law enforcement, national security experts, and small business owners are alarmed. Senator Elizabeth Warren (D-MA) has called this lack of enforcement of the CTA “a gift to cartels, criminals, and U.S. adversaries.” [5]

On a different front, Trump’s Justice Department has reduced or stopped investigations and prosecutions of crimes like tax evasion, drug trafficking, and sex trafficking. The number of personnel assigned to these crimes has declined because of staffing shortages, funding cuts, and the reassignment of agents to immigration enforcement. [6]

The Trump regime is also NOT protecting your health. Measles in the U.S. is at levels not seen in many years and children have died from it. Nonetheless, Trump issued an executive order demanding states revise their recommendations for childhood vaccinations in ways that will reduce vaccinations for measles, as well as for mumps and rubella. Although the executive order does not change the Centers for Disease Control and Prevention’s recommendations or insurance coverage, it will increase confusion over and distrust of vaccinations that Trump’s Secretary of Health and Human Services Kennedy has been fomenting. This will result in more diseases, disabilities, and deaths. [7]

Foodborne illnesses in the U.S. are at very high levels. This year’s 10,500 cases to-date are almost ten times the annual rates in 2021 – 2025. A major contributor is the Trump regime’s cuts of more than 40% to food safety detection systems, including reduced funding for federal agencies to conduct food inspections and for grants to state and local health departments that track outbreaks. [8]

To add insult to injury, the Trump regime is also reducing access to health insurance and raising its cost for millions of Americans. In late June 2026, its own Department of Health and Human Services reported that at least five million people lost public health insurance in the first six months of the year, a drop of about 13%. For those remaining on public plans, premiums have spiked, more than doubling for some, while deductibles have increased by about $1,000 a person for many as they chose cheaper policies. [9]

The Trump regime announced in June plans to cancel 53 of 66 active grants from the Teen Pregnancy Prevention (TPP) program. TPP was created by bipartisan legislation in 2009 and has been credited with contributing to reducing the unwanted teen pregnancy rate by 65%. The Trump regime wants to end the comprehensive sex education of TPP programs and focus on abstinence promotion, despite evidence that abstinence only sex education is ineffective. A federal judge recently paused the regime’s attempt to put limits on the TPP grants’ sex education programs. [10]

Other examples of Trump regime actions that may hurt you:

Canceled the rule requiring airlines to compensate you for canceled flights (after United and Delta donated a million dollars to Trump).
Ended the IRS’s free tax return filing program (after the TurboTax tax return prepration software’s parent company gave a million dollars to Trump).
Weakened gun laws including restrictions that have been in place since 1934 on sawed-off (and therefore easily concealed) shotguns and silencers.
Promote cryptocurrency. But that’s a whole other story.

For lots of good news see Jess Craven’s Chop Wood Carry Water blog’s most recent good news Sunday post here.

[1] Conley, J., 8/14/26, “In gift to abusive Wall Street firms, Trump CFPB moves to suppress consumer complaints,” Common Dreams (https://www.commondreams.org/news/cfpb-complaint-database)

[2] Shell companies are legal entities that don’t have any physical presence or operations but are used for moving money and processing financial transactions.

[3] Baratta, J., 8/14/26, “Trump makes crime legal,” The American Prospect (https://prospect.org/2026/08/14/trump-makes-crime-legal-corporate-transparency-act-treasury/)

[4] Cox Richardson, H., 8/15/26, “Letters from an American blog,” (https://heathercoxrichardson.substack.com/p/august-15-2026)

[5] Baratta, J., 8/14/26, see above

[6] Cox Richardson, H., 8/13/26, “Letters from an American blog,” (https://heathercoxrichardson.substack.com/p/august-13-2026)

[7] Cox Richardson, H., 8/13/26, see above

[8] Cox Richardson, H., 8/20/26, “Letters from an American blog,” (https://heathercoxrichardson.substack.com/p/august-20-2026)

[9] Cox Richardson, H., 8/20/26, see above

[10] Conley, J., 8/19/26, “Federal judge blocks Trump and RFK effort to get more teens pregnant,” Common Dreams (https://www.commondreams.org/news/teen-pregnancy-programs)

BEWARE! SCAMS ARE COMING YOUR WAY!

Consumers beware; scams of all sorts are coming your way. The Trump administration is weakening or eliminating agencies and regulations that protect consumers. From financial services to the big tech companies a lack of oversight and regulation will lead to consumer rip-offs and outright fraud. You will need to up your level of vigilance to avoid getting scammed.

(Note: If you find a post too long to read, please just skim the bolded portions. Thanks for reading my blog!)

(Note: Please follow me and get notices of my blog posts on Bluesky at: @jalippitt.bsky.social. Thanks!)

Consumers beware; scams of all sorts are coming your way. The Trump administration is weakening or eliminating agencies and regulations that protect consumers, so it’s an open field for unscrupulous behavior by businesses and fraudsters. From financial services (including student loans) to the big tech companies, a lack of oversight and regulation will lead to consumer rip-offs and outright fraud.

Perhaps the most blatant of the Trump administration’s anti-consumer actions is the virtual elimination of the Consumer Financial Protection Bureau (CFPB). In its 14 years of existence, the CFPB has required over $20 billion to be returned to consumers who were defrauded by financial businesses. Last year, for example, it sent $1.8 billion in checks to 4.3 million customers who had been defrauded by two credit repair services. [1] It has saved consumers billions more by regulating late fees on credit cards, overdraft fees on bank accounts, and much more. If it had been in existence before the 2008 financial collapse, it might well have prevented the collapse, and it would have saved many home owners their homes and others billions of dollars lost to mortgage fraud.

Not surprisingly, in the absence of CFPB enforcement, the number of consumer complaints has already exploded with 2.5 million complaints filed in the last six months. This is over ten times the number of complaints filed in a typical six-month period over the last 13 years. A major source of complaints is inaccurate data on consumers’ credit reports. Two weeks before Trump took office, the CFPB had sued Experian (one of the three big credit reporting agencies) for basically ignoring consumers’ complaints about inaccurate information. This lawsuit is going nowhere under the Trump administration. The Trump administration also voided a ruling that would have forced the Navy Federal Credit Union to return $80 million in fraudulent overdraft fees to customers who had been told they had sufficient funds to cover a withdrawal. This just one example of Trump administration actions to take millions of dollars promised to fraud victims and give it back to corporate scammers.

The Trump administration is attempting to dodge requirements that the CFPB make consumer complaints public so consumers can know which companies are bad actors. It has also stopped actions to curb excessive credit card late fees, to remove medical debt from credit reports, and to regulate digital payment businesses, payday lenders, and credit repair services. It has permanently dropped at least 22 enforcement actions against companies accused of billions of dollars of consumer financial fraud, including one against Zelle, the electronic payment platform that was infested with fraud shortly after being launched.

Medical credit cards and abuses of them are likely to increase dramatically with the CFPB out of the way. For example, in 2023, Synchrony Bank made $3.7 billion in interest and fees on its 11.7 million CareCredit cards (the most widely used medical credit card). These are offered to patients, sometimes ones in a crisis. They are often interest-free up-front but have a balloon interest amount due if not fully paid off in a set period. There are frequently junk fees associated with them and users frequently report that the terms and rules of the credit card weren’t clearly explained to them. [2]

The emasculation of the CFPB will eliminate oversight and accountability in the financial industry. This will make consumers vulnerable to the multitude of financial scams in the marketplace, which will now grow and proliferate. You will need to up your level of vigilance to avoid getting scammed.

Consumers will also be harmed by the far-reaching business deregulation and lack of enforcement of regulations and laws governing business behavior that the Trump administration is undertaking. As economists have noted for literally hundreds of years, bad money drives out good money, or, in other words, honest companies have a tough time competing against dishonest companies. Therefore, bad business behavior is likely to proliferate. [3]

Over 165 enforcement actions against businesses have been dropped or put on hold in the first six month of the Trump administration. Not coincidentally, roughly $50 million in donations to Trump’s inauguration and untold millions to Trump via other vehicles have come from companies subject to federal investigations, lawsuits, enforcement actions, or antitrust cases. Technology companies, particularly the big three: Meta (Facebook’s parent company), Apple, and Google, have benefited by spending relatively small amounts of money for them (a few million dollars) on political spending and lobbying to get favorable actions from the Trump administration. Of the 140 investigations and enforcement actions targeting 104 tech corporations when Trump took office, at least 50 have already been stopped. Bank of America, Capital One, Coinbase, DuPont, and JPMorgan donated to Trump’s inauguration and then federal enforcement actions against them were dropped. Intuit, which makes tax preparation software, gave to the inauguration and then the IRS discontinued its free, Direct File tax return program. Apple supported the inauguration and was then exempted from most tariffs. These companies are getting a great return on their “investments”. This pattern is evidence of a pay-to-play scheme that would be criminal bribery under any other president and administration. [4] [5]

The Trump administration is weakening or stating it won’t enforce laws banning U.S. companies from bribing foreign officials, prohibiting workplace discrimination, or regulating loan shark lending and its usurious interest rates. It is also making life harder and loans more expensive for student borrowers by making federal government student lending much less helpful and more costly. This will force many students needing to borrow funds for college into the hands of private lenders, some of whom are financial predators that the CFPB won’t be around to regulate or hold accountable. [6]

More in my next post on scams to be on the lookout for, including from the cryptocurrency industry.

[1] Tkacik, M., & Baratta, J., 7/11/25, “Hardly workin’,” The American Prospect (https://prospect.org/economy/2025-07-11-hardly-workin-cfpb-doge-trump/)

[2] Covert, B., 5/28/25, “Predatory lenders in the operating room,” The American Prospect (https://prospect.org/health/2025-05-28-predatory-lenders-operating-room-medical-credit-cards/)

[3] Dayen, D., 5/27/25, “The golden age of scams,” The American Prospect (https://prospect.org/power/2025-05-27-golden-age-of-scams/)

[4] Johnson, J., 8/14/25, “‘Corporate crime pays’ under Trump as his agencies drop enforcement against 165 companies,” Common Dreams (https://www.commondreams.org/news/corporate-crime-donald-trump)

[5] Johnson, J., 4/22/25, “‘See how this works?’: Trump drops cases against corporations that funded his inauguration,” Common Dreams (https://www.commondreams.org/news/trump-corporations-inauguration)

[6] Dayen, D, 5/27/25, “Borrowers besieged,” The American Prospect (https://prospect.org/education/2025-05-27-borrowers-besieged-student-debt/)

EXAMPLES OF THE SOCIETAL TOLL OF TRUMP ADMINISTRATION ACTIONS

The actions of the Trump administration and Republicans in Congress are inflicting a serious toll on our society. Examples include their efforts to defund foreign aid and public broadcasting, their weakening of our cybersecurity defenses, and their efforts to eliminate the Consumer Financial Protection Bureau, not to mention all the horrible things in the budget bill.

(Note: If you find a post too long to read, please just skim the bolded portions. Thanks for reading my blog!)

The actions of the Trump administration and Republicans in Congress are taking a heavy toll on people, on our society, and on our democratic institutions. Here are some examples.(See this previous post for more examples.)

ACTION #1: Republicans in U.S. House recently passed a bill to rescind $9.4 billion of previously approved funding for foreign aid ($8.3 billion) and public broadcasting ($1.1 billion). The good news is that the Trump administration is tacitly acknowledging that it is illegal for it to cut congressionally approved funding through executive orders or actions by the so-called Department of Government Efficiency (DOGE). The vote to pass the bill was 214 to 212 and occurred only after Republican Speaker Johnson had pressured a few Republican representatives to switch their “no” votes and support the bill. [1] Republicans in both the House and the Senate have expressed concerns about this bill.

The bill would rescind funding for foreign aid programs that some of them support, such as President George W. Bush’s emergency AIDS program that has saved over 25 million lives around the globe. These cuts will ultimately harm health and result in deaths here in the U.S. as diseases spread across international borders.

It also would rescind funding that supports 1,500 public TV and radio stations, including many in rural, Republican areas where they are a vital, local resource.

ACTION #2: The Trump administration is weakening America’s cybersecurity defenses at a time when the likelihood of cyberattacks is growing. Trump fired the general who led the National Security Agency and other leaders of our cybersecurity agencies. He has cut staffing and funding for cybersecurity agencies. [2]

This makes no sense because the likelihood of cyber warfare is growing as global tensions and conflicts escalate – in Ukraine, the Middle East, and over Taiwan. U.S. adversaries Russia, Iran, China, and North Korea all have significant cyber warfare capabilities, and there are signs of cyber activity cooperation among them. Cyberattacks can be used for espionage – to steal valuable corporate or government information. Or they can be used to disrupt public infrastructure such as electric power supplies, phone and Internet services, hospitals, banks and financial services, and water supply systems. Recently, Russian hackers disabled the automatic control systems at a rural Texas municipal water plant. This was probably just a test of their capabilities or a warning about what they can do.

ACTION #3: The Trump administration, Republicans in Congress, and their wealthy backers in the financial industry are working hard to eliminate or at least emasculate the Consumer Financial Protection Bureau (CFPB). The CFPB was created in response to the financial industry corruption that caused the 2008 financial collapse and resulted in millions of Americans losing their homes due to abusive and fraudulent mortgages. Since its creation, the CFPB has returned more than $21 billion to consumers through enforcement actions on illegal behavior by financial companies. It has also saved consumers untold additional money through its regulation of the financial industry. [3] For example, it has capped exorbitant fees such as credit card late payment penalties and bank account overdraft charges.

The Trump administration and Elon Musk’s so-called Department of Government Efficiency (DOGE) have been trying to cut CFPB funding, fire its employees, and eliminate the agency. On February 14, a federal judge ordered a halt to these actions. The Trump administration responded by placing most of the CFPB staff on administrative leave and preventing them from performing their jobs.

On June 10, the head of enforcement for the CFPB resigned, writing: “It is clear that the bureau’s current leadership has no intention to enforce the law.” [4] (Russell Vought is the Acting Director of the CFPB and the Director of the White House Office of Management and Budget, as well as a key author of Project 2025.)

To benefit the wealthy executives and corporations in the financial industry, the Trump administration is persistently trying to eliminate the only independent agency protecting consumers from predatory and illegal practices of financial industry companies.

YOUR ACTION: Please contact your members of Congress and ask them to oppose these actions of the Trump administration in every way they can. Urge them to speak out against these actions and to explain to their constituents the toll Trump administration’s actions are taking on them and our society.

You can find contact information for your US Representative at http://www.house.gov/representatives/find/ and for your US Senators at http://www.senate.gov/general/contact_information/senators_cfm.cfm.

[1] Edmondson, C., 6/12/25, “House votes to claw back $9 billion for foreign aid and public broadcasting,” The Boston Globe from the New York Times

[2] Klepper, D., 4/21/25, “Nations ready cybersecurity defenses,” The Boston Globe from the Associated Press

[3] Economic Policy Institute, 6/12/25, “Trump administration attempts to close the CFPB, block agency’s work,” (https://www.epi.org/policywatch/trump-administration-closes-the-cfpb/)

[4] Economic Policy Institute, 6/12/25, see above