GOP no longer the Grand Old Party we once knew
To the editor:
I used to work for a Republican back in the days when the party was a true party of fiscally conservative persons. However, the party has changed and not in a good way. Even the man I used to work for left the party and became an Independent so he could still vote his conscience. The GOP has lost all common sense in my opinion.
After Trump was elected in 2024 he weakened the Consumer Financial Protection Bureau. This was an agency that was highly effective in addressing predatory loan companies and other issues impacting Americans including unfair fees, or even rising grocery prices. During the banking crisis the CFPB was able to intervene when some banks attempted to fraudulently claim Americans were not paying their mortgages and steal those homes. Anyone could go to the CFPB website and file a complaint and get their issue resolved. For example, if you took out a credit car d and then found out that the company was charging you predatory amounts of interest or if you were charged exploitive and predatory medical fees.
The CFPB was able to return $21 billion in predatory fees and charges to American consumers. Now the rights of consumers are at risk.
The fox is guarding the hen house.
C.A.Hughes, MSW
Cape Coral