Correct and I can confirm that as thousands of others who went to the CFPB and had ZERO help.
Not that I am supporting the way this is handling nor who's doing it but the amount of waste, misspending, money unaccounted for, etc it's out of control
I hate to admit to your statement Booboo, but it is what it is!
Hey, I;m just one person. However I experienced America as someone with no skills, no talents, no experience, no education, and no knowledge. Yet I as an American overcame every obstacle by the willingness to WORK and became successful in spite of my shortfalls! It makes me weep to think of this in the past.
That was what this country was, an equal opportunity to those willing to pursue their dreams!! This is what sets Americans apart, this how you can recognize an American in a large group of Canadians!
The waste and corruption has been going on for decades. It is a bit odd that this has not been noted, reactions seem like this is a new phenomenon. The wasteful spending happened under Trump round one, including in the USAID. So far there is no accountability directed towards congress who approves the spending, nor any POTUS who signs off on the wasted congressional approved budgets.
Trump himself signed off on his massively reckless spending CARES act he pressured congress to pass, then went after Thomas Massie who stood up against the wasted spending. Now it appears that over $100m of Trump’s CARES Act money for company payroll’s was ID’d fraudulent and doj filings expiration date is approaching. If congress does not extend the expiration date all the fraud will be allowed.
The USAID was operating under Trump round one and no issues. Now all of a sudden the spending is a problem and the only resolve is to overtake it and hand USAID over to grifter Musk, allowing him to appoint his Tesla and SpaceX lackeys, including ones as young as 19 to run the dept under Musk and other billionaire technocrats like Peter Thiel, Mark Andreeson, etc with their AI programs and robots. They will be granted billions and the plebs will be left in the gutter to survive.
Seems there will be little resistance to the US being transformed into a full fascist run country under a technocrat and digital control. Trump appears to be truly the right guy to lead the compliant masses into this just like he was under the 2020 convid shenanigans as Trump action excuses from the loyal Trump followers.
Yes it appears there is a coup going on. Since you bring up the Biden mandated issue, Trump is the one responsible for his “beautiful” shots that are killing and maiming tens of thousands of Americans coming to market not only via threatening the FDA to pass the EUA, but also via Trump’s Sept 2019 EO.
Trump’s executive order paving the way for years skipped trials and specifically includes the mRNA shots aka recombinant vaccines. Signed one day after Fauci participated in a Global Pandemic Monitoring Board event.
19 Sep 2019
Modernizing Influenza Vaccines in US to Promote Nat Security & Pub Health
Not true. I fought for years and know thousands of consumers who were wronged by lenders and got nothing. I'm yet to meet a consumer helped by the CFPB
Are you really that stupid Greg? If you are we are all in trouble. You claim Trump and every President is a STOOGE of the FED but you beleive these agencies that are part of the same Government and that have nice sounding names are really helping the little guy?
Barney Frank and his pack forced Banks to make the "predatory loans". Before then, Banks would make sure you could afford your mortgage.
You know all the sides of this argument Greg. You're just taking one side of the story. Tell us the Truth. The whole truth. You won't. Not because you don't know it. Not because you have a side. But because you don't want to take the time. SAD
Everyone should watch this: It's funny and informative. It will lead people down the rabbit hole of getting the whole story...
Would not be surprised. Sure seems like there is some sort of coup happening and trump appears to be putting in charge the billionaire technocrats to take over and rule over the plebs.
The Fourth Turning! We have a debt based system since Nixon took the USA off the gold standard. Only way to create more growth is create more debt. AS OF NOW IT TAKES $2.50 OF DEBT TO GENERATE $1.00 GROWTH.
Absolutely. And seems okie dokie by the masses. They actually seem happy about it without one question of what are they planning behind the curtain during all this. Seems like this is what happens in places like Cuba. I knew someone who’s family fled with nothing and some of what they described seems similar to what is happening here in the US.
Bro, are you joking? I’m all for a tiny government, but removing consumer protections without an equivalent that WORKS FOR THE PEOPLE, is just plain stupid and dangerous for us as consumers. What’s Trumps brilliant idea as a replacement? Crickets.
If Trump brought the Protection Bureau to an end it must not have been doing that. Or, it took money in but did not disperse it to the people? Or, it was, but it was in the way of something else that they desire?
This is most likely a ploy for optics. We’re gonna have bank failures because they want to consolidate the banks. This will be one of the reasons the banks fail so it won’t look so bad when they’re consolidating and they’ll be able to say look Trump got rid of this agency that regulated the banks that’s why this happened instead of the real reason it’s happening consolidation
Because theyre a big fraud too!! Look how they “protected” you since… our buying power decreased.. Gregory, you preaching it every day… they did not protect the people, they protected the deep state!!
You are talking about the Federal Reserve. And what is Trump doing about it? Well he is asking for the Fed. to lower rates which will only make it worse. As I said. The bureau did force banks to pay back $17 Billion to those who were defrauded. If there was fraud/corruption, shouldn't we the people be shown proof and arrests made? Or no?
Elon Musk said Saturday that the Department of Government Efficiency (DOGE) and the U.S. Treasury Department have agreed on new anti-fraud measures aimed at preventing tens of billions of dollars in fraudulent government entitlement payments each year.
In a Feb. 8 statement shared on social media, Musk described the scale of the problem as “utterly insane,” citing estimates that at least $50 billion annually is being lost due to improper payments, including funds going to individuals without Social Security Numbers or even temporary ID numbers.
Musk, who leads DOGE and has been designated a “special government employee” by President Donald Trump, revealed in the post that Treasury officials estimated that $100 billion in annual entitlement payments may be going to individuals without verifiable identification.
In a discussion with Treasury personnel, Musk said he asked for an estimate of how much of that is “obvious and unequivocal” fraud, and the consensus was that at least half—$50 billion per year, or around $1 billion per week—is fraudulent.
“This is utterly insane and must be addressed immediately,” Musk wrote, adding that the DOGE team and Treasury have jointly agreed to a series of reforms.
One of the most significant changes will be the requirement that all outgoing government payments include a payment categorization code. According to Musk, these codes are essential for financial audits, yet they are frequently left blank, making it nearly impossible to track where taxpayer dollars are going.
Under the new rules, every payment will also need to include a rationale in the comment field. Currently, many government payments lack any explanation, making it difficult to assess their legitimacy, Musk said. While he emphasized that no judgment will be applied to these rationales at this stage, requiring at least some justification for payments is expected to serve as a deterrent against waste and fraud.
Another reform involves more effective implementation of Treasury’s Do-Not-Pay list, which is meant to prevent payments to fraudulent entities, deceased individuals, suspected terrorist fronts, and other entities or people who should not be paid by federal agencies. Musk said that this list has not been strictly enforced, with some payments still being made to flagged entities. He also pointed out that it can take up to a year for names to be added to the list, calling for weekly or even daily updates to prevent ongoing fraud.
Musk said that the above “super obvious and necessary” changes will be implemented by existing, long-time career Treasury employees; not anyone from the DOGE. His remarks in this regard align with Treasury Department Scott Bessent’s insistence that DOGE members have read-only access to Treasury data and that they have not been “tinkering” with sensitive payment systems at the department.
The development comes as DOGE focuses its cost-cutting and efficiency-enhancing efforts at multiple federal agencies, including Treasury, as part of the Trump administration’s broader aim of reducing deficits and eliminating fraud, waste, and abuse from government.
Republicans have praised DOGE’s efforts to identify government waste, while Democrats have denounced the body’s actions as an abuse of power and its operations as skirting congressional oversight. There have been protests over DOGE by members of Congress, federal employee unions, and privacy advocates, along with a number of lawsuits targeting its activities. Recently, a judge blocked DOGE’s access to the personal financial data of millions of Americans at the Treasury Department.
Bessent recently defended DOGE’s actions at Treasury. He said in an interview with Bloomberg that the DOGE team is made up of highly trained professionals and “not some roving band running around doing things,” possibly in reference to claims by critics that DOGE has embraced and is applying the adage “move fast and break things,” which is part of the Silicon Valley start-up culture of being innovative, nimble, and disruptive.
“This is methodical and it’s going to yield big savings,” Bessent said of DOGE’s work at Treasury.
In a follow-up post on Saturday, Musk said that the reason no action was taken under prior Treasury leadership to tackle the $50 billion or more in fraudulent government payments is complacency.
“Nobody in Treasury management cared enough before,” Musk wrote. “I do want to credit the working level people in Treasury who have wanted to do this for many years, but have been stopped by prior management. Everything at Treasury was geared towards complain minimization.”
The Epoch Times has reached out to the Treasury Department with a request for comment.
You have two choices, raise rates which will crash the system causing another great depression 10 times worse than the last or or lower rates and try to inflate the debt away. NEITHER IS PAINLESS! Glad the choice is not mine.
It will come.. we eventually will see all the fraud, we will see arrests!
Cant move too fast, look how media and the left is unhinged because of the exposure of USAID… anyway, thats just my opinion, there is a bigger plan playing out…
We're migrating from the debt-based economic model that was a scam to a fully scam-based economic model. It's gonna be the wild wild west out here. Racketeer is going to be a legit job title instead of a criminal.
That is incorrect. That total includes everything, including fines paid to govt, fines paid to businesses, debt cancellation, principal reduction, etc. The actual amount in fines paid directly to consumers is unknown. But it certainly is nowhere near the amount you claim.
Good! It is another corrupt leftest group, spending our tax dollars unnecessarily!!!
Perhaps you are not aware that the Bureau has forced banks to pay out $17 Billion to consumers who were wronged by predatory banks.
The consumers got shit, all went to the Corrupt US Federal Government...
The funding was directed at three main recipients: the federal government, a handful of states, and consumers.
Correct and I can confirm that as thousands of others who went to the CFPB and had ZERO help.
Not that I am supporting the way this is handling nor who's doing it but the amount of waste, misspending, money unaccounted for, etc it's out of control
Welcome to America Greg!
Welcome to the most corrupt lying murdering nation on the planet....
I hate to admit to your statement Booboo, but it is what it is!
Hey, I;m just one person. However I experienced America as someone with no skills, no talents, no experience, no education, and no knowledge. Yet I as an American overcame every obstacle by the willingness to WORK and became successful in spite of my shortfalls! It makes me weep to think of this in the past.
That was what this country was, an equal opportunity to those willing to pursue their dreams!! This is what sets Americans apart, this how you can recognize an American in a large group of Canadians!
https://www.newsmax.com/politics/cfpb-elon-musk-doge/2025/02/09/id/1198427/
It's a 1 week shutdown !!!!!!!!!!!!!!!!!!!!!!!!!
Will not be surprised if that changes. Seems like we are seeing a bit of a coup happening.
A coup?!!! Where were you when Biden was firing military personnel & other government workers because they wouldn’t get the Covid Vaccine.
Where were you when Biden MANDATED EV’s by 2030.
Where were you when Biden shut down the Keystone pipeline?
A coup? Please
The waste and corruption has been going on for decades. It is a bit odd that this has not been noted, reactions seem like this is a new phenomenon. The wasteful spending happened under Trump round one, including in the USAID. So far there is no accountability directed towards congress who approves the spending, nor any POTUS who signs off on the wasted congressional approved budgets.
Trump himself signed off on his massively reckless spending CARES act he pressured congress to pass, then went after Thomas Massie who stood up against the wasted spending. Now it appears that over $100m of Trump’s CARES Act money for company payroll’s was ID’d fraudulent and doj filings expiration date is approaching. If congress does not extend the expiration date all the fraud will be allowed.
The USAID was operating under Trump round one and no issues. Now all of a sudden the spending is a problem and the only resolve is to overtake it and hand USAID over to grifter Musk, allowing him to appoint his Tesla and SpaceX lackeys, including ones as young as 19 to run the dept under Musk and other billionaire technocrats like Peter Thiel, Mark Andreeson, etc with their AI programs and robots. They will be granted billions and the plebs will be left in the gutter to survive.
Seems there will be little resistance to the US being transformed into a full fascist run country under a technocrat and digital control. Trump appears to be truly the right guy to lead the compliant masses into this just like he was under the 2020 convid shenanigans as Trump action excuses from the loyal Trump followers.
Why deflect from what is happening now?
Yes it appears there is a coup going on. Since you bring up the Biden mandated issue, Trump is the one responsible for his “beautiful” shots that are killing and maiming tens of thousands of Americans coming to market not only via threatening the FDA to pass the EUA, but also via Trump’s Sept 2019 EO.
Trump’s executive order paving the way for years skipped trials and specifically includes the mRNA shots aka recombinant vaccines. Signed one day after Fauci participated in a Global Pandemic Monitoring Board event.
19 Sep 2019
Modernizing Influenza Vaccines in US to Promote Nat Security & Pub Health
https://www.federalregister.gov/documents/2019/09/24/2019-20804/modernizing-influenza-vaccines-in-the-united-states-to-promote-national-security-and-public-health
Not true. I fought for years and know thousands of consumers who were wronged by lenders and got nothing. I'm yet to meet a consumer helped by the CFPB
Spit in the bucket
Are you really that stupid Greg? If you are we are all in trouble. You claim Trump and every President is a STOOGE of the FED but you beleive these agencies that are part of the same Government and that have nice sounding names are really helping the little guy?
Perhaps, you may not know, the CFPB has been operating illegally based on their financial reports.
Post proof of that here. I would like to see this. For all of us.
Type in Senator John Kennedy questioning the head of CFPB.
There are a couple of years worth.
How many arrests were then made? Court cases? Or is this all conjecture?
Barney Frank and his pack forced Banks to make the "predatory loans". Before then, Banks would make sure you could afford your mortgage.
You know all the sides of this argument Greg. You're just taking one side of the story. Tell us the Truth. The whole truth. You won't. Not because you don't know it. Not because you have a side. But because you don't want to take the time. SAD
Everyone should watch this: It's funny and informative. It will lead people down the rabbit hole of getting the whole story...
Read along the lyrics :)
https://www.youtube.com/watch?v=a5NrqqK60OI
"Told the bankers Hey You Guys
Make the loans or it's your behinds...
My friends at Fannie sure need it.
Do it my way or beat it...
Why are the stocks crashing?
The Reset?
https://www.youtube.com/watch?v=arNtycCz6kc
Powerful video. Me thinks Trump is the Trojan Horse.
Is Trump the Trojan Horse?
What does a Trojan horse mean?
someone or something intended to defeat or subvert from within usually by deceptive means.
Would not be surprised. Sure seems like there is some sort of coup happening and trump appears to be putting in charge the billionaire technocrats to take over and rule over the plebs.
The Fourth Turning! We have a debt based system since Nixon took the USA off the gold standard. Only way to create more growth is create more debt. AS OF NOW IT TAKES $2.50 OF DEBT TO GENERATE $1.00 GROWTH.
The corrupt USA is being flushed down the toilet as I type...
Save us!!!
STOP TYPING!!!!
Absolutely. And seems okie dokie by the masses. They actually seem happy about it without one question of what are they planning behind the curtain during all this. Seems like this is what happens in places like Cuba. I knew someone who’s family fled with nothing and some of what they described seems similar to what is happening here in the US.
Kissinger took us off the gold standard ... Camp David August 1971
Its a big club.
“Trump added that Kissinger has “been a friend of mine for a long time.”
10 May 2017
WATCH: With Kissinger at his side, Trump delivers first in-person response to Comey firing | PBS News
https://www.pbs.org/newshour/politics/watch-kissinger-side-trump-delivers-first-person-response-comey-firing
Since central banking
Bro, are you joking? I’m all for a tiny government, but removing consumer protections without an equivalent that WORKS FOR THE PEOPLE, is just plain stupid and dangerous for us as consumers. What’s Trumps brilliant idea as a replacement? Crickets.
No Bad for "We The People " Wake Up you are being played !!!!
https://www.theepochtimes.com/us/vought-halts-funding-to-consumer-protection-agency-says-not-needed-5806917?utm_source=RTNews&src_src=RTNews&utm_campaign=rtbreaking-2025-02-09-2&src_cmp=rtbreaking-2025-02-09-2&utm_medium=email&est=AAAAAAAAAAAAAAAAYN0odAoFyOH
I have never felt protected by any government entity.
People don’t know what they are cheering for.
As you said yourself Greg they are taking apart the system to bridge us into the new one.
100% TRUE! I am so happy you recognize this. Bravo Sir.
Read agenda 2030
If Trump brought the Protection Bureau to an end it must not have been doing that. Or, it took money in but did not disperse it to the people? Or, it was, but it was in the way of something else that they desire?
It's already done. Welcome to the 4th industrial revolution
This is most likely a ploy for optics. We’re gonna have bank failures because they want to consolidate the banks. This will be one of the reasons the banks fail so it won’t look so bad when they’re consolidating and they’ll be able to say look Trump got rid of this agency that regulated the banks that’s why this happened instead of the real reason it’s happening consolidation
AMEN SIR
If It was ran like USAID it is totally corrupted.
Are we the people not entitled to proof and to see arrests made?
NEED TO PAUSE FOR A LAUGH. Lady: do you drink beer?
Man: yes
Lady: how many per day?
Man: 3
Lady: how much do you pay per beer?
$5 each including tip.
Man:
Lady: how long have you been drinking.
Man: about 20 years.
Lady.
• 3 beers a day equates to $450 per
month or $5,400 per year. In 20 years,
that's $108,OOO
Man: sounds correct.
Lady: did you know that if you put that
money in a savings account, that after
interest, you would have had enough
money to buy a plane?
Man: do you drink beer?
Lady: no.
Man: where's your fucking plane?
Good laugh 😃 thanks
Because theyre a big fraud too!! Look how they “protected” you since… our buying power decreased.. Gregory, you preaching it every day… they did not protect the people, they protected the deep state!!
You are talking about the Federal Reserve. And what is Trump doing about it? Well he is asking for the Fed. to lower rates which will only make it worse. As I said. The bureau did force banks to pay back $17 Billion to those who were defrauded. If there was fraud/corruption, shouldn't we the people be shown proof and arrests made? Or no?
Authored by Tom Ozimek via The Epoch Times,
Elon Musk said Saturday that the Department of Government Efficiency (DOGE) and the U.S. Treasury Department have agreed on new anti-fraud measures aimed at preventing tens of billions of dollars in fraudulent government entitlement payments each year.
In a Feb. 8 statement shared on social media, Musk described the scale of the problem as “utterly insane,” citing estimates that at least $50 billion annually is being lost due to improper payments, including funds going to individuals without Social Security Numbers or even temporary ID numbers.
Musk, who leads DOGE and has been designated a “special government employee” by President Donald Trump, revealed in the post that Treasury officials estimated that $100 billion in annual entitlement payments may be going to individuals without verifiable identification.
In a discussion with Treasury personnel, Musk said he asked for an estimate of how much of that is “obvious and unequivocal” fraud, and the consensus was that at least half—$50 billion per year, or around $1 billion per week—is fraudulent.
“This is utterly insane and must be addressed immediately,” Musk wrote, adding that the DOGE team and Treasury have jointly agreed to a series of reforms.
One of the most significant changes will be the requirement that all outgoing government payments include a payment categorization code. According to Musk, these codes are essential for financial audits, yet they are frequently left blank, making it nearly impossible to track where taxpayer dollars are going.
Under the new rules, every payment will also need to include a rationale in the comment field. Currently, many government payments lack any explanation, making it difficult to assess their legitimacy, Musk said. While he emphasized that no judgment will be applied to these rationales at this stage, requiring at least some justification for payments is expected to serve as a deterrent against waste and fraud.
Another reform involves more effective implementation of Treasury’s Do-Not-Pay list, which is meant to prevent payments to fraudulent entities, deceased individuals, suspected terrorist fronts, and other entities or people who should not be paid by federal agencies. Musk said that this list has not been strictly enforced, with some payments still being made to flagged entities. He also pointed out that it can take up to a year for names to be added to the list, calling for weekly or even daily updates to prevent ongoing fraud.
Musk said that the above “super obvious and necessary” changes will be implemented by existing, long-time career Treasury employees; not anyone from the DOGE. His remarks in this regard align with Treasury Department Scott Bessent’s insistence that DOGE members have read-only access to Treasury data and that they have not been “tinkering” with sensitive payment systems at the department.
The development comes as DOGE focuses its cost-cutting and efficiency-enhancing efforts at multiple federal agencies, including Treasury, as part of the Trump administration’s broader aim of reducing deficits and eliminating fraud, waste, and abuse from government.
Republicans have praised DOGE’s efforts to identify government waste, while Democrats have denounced the body’s actions as an abuse of power and its operations as skirting congressional oversight. There have been protests over DOGE by members of Congress, federal employee unions, and privacy advocates, along with a number of lawsuits targeting its activities. Recently, a judge blocked DOGE’s access to the personal financial data of millions of Americans at the Treasury Department.
Bessent recently defended DOGE’s actions at Treasury. He said in an interview with Bloomberg that the DOGE team is made up of highly trained professionals and “not some roving band running around doing things,” possibly in reference to claims by critics that DOGE has embraced and is applying the adage “move fast and break things,” which is part of the Silicon Valley start-up culture of being innovative, nimble, and disruptive.
“This is methodical and it’s going to yield big savings,” Bessent said of DOGE’s work at Treasury.
In a follow-up post on Saturday, Musk said that the reason no action was taken under prior Treasury leadership to tackle the $50 billion or more in fraudulent government payments is complacency.
“Nobody in Treasury management cared enough before,” Musk wrote. “I do want to credit the working level people in Treasury who have wanted to do this for many years, but have been stopped by prior management. Everything at Treasury was geared towards complain minimization.”
The Epoch Times has reached out to the Treasury Department with a request for comment.
You have two choices, raise rates which will crash the system causing another great depression 10 times worse than the last or or lower rates and try to inflate the debt away. NEITHER IS PAINLESS! Glad the choice is not mine.
I agree, too late now ,for either to work without major financial pain, BUCKLE UP!!
There is no way to inflate the debt away
The consumers got shit, all went to the Corrupt US Federal Government...
The funding was directed at three main recipients: the federal government, a handful of states, and consumers.
It will come.. we eventually will see all the fraud, we will see arrests!
Cant move too fast, look how media and the left is unhinged because of the exposure of USAID… anyway, thats just my opinion, there is a bigger plan playing out…
More currency to send to israhell
They need to collect that $500 billion for the AI surveillance state from somewhere!:
https://rumble.com/v6e56s7-stargate-is-operation-warp-speed-2.0-solari-report.html
Here are hundreds of verses that clearly prove America is the harlot riding her UN~beast described in the book of Revelations:
https://sumofthyword.com/2021/01/07/mystery-babylon-the-great-and-her-beast/
We just entered the 4th year of this timeline in October of last year so get ready for "great tribulation to commence in the spring of 2025!:
https://sumofthyword.com/2016/10/04/the-rapture-of-the-church-is-after-the-tribulation/
Wow, so many can't see the danger here, the exact same ones that will be screaming the loudest when it all blows up.
We're migrating from the debt-based economic model that was a scam to a fully scam-based economic model. It's gonna be the wild wild west out here. Racketeer is going to be a legit job title instead of a criminal.
I’d bet the organization was working against the common citizens interests. We all know you’ll own nothing and be happy is from DAVOS🤫
Were they protecting the consumer this whole time? Nope.
Perhaps you are not aware that the Bureau has forced banks to pay out $17 Billion to consumers who were wronged by predatory banks.
Just to justify their existence Greg. They’re probably on the take for trillions.
Possibly anything yes. Let us the American people see the proof.
https://www.newsmax.com/politics/cfpb-elon-musk-doge/2025/02/09/id/1198427/
The consumers got shit, all went to the Corrupt US Federal Government...
The funding was directed at three main recipients: the federal government, a handful of states, and consumers.
Where the money went!
The funding was directed at three main recipients: the federal government, a handful of states, and consumers.
That is incorrect. That total includes everything, including fines paid to govt, fines paid to businesses, debt cancellation, principal reduction, etc. The actual amount in fines paid directly to consumers is unknown. But it certainly is nowhere near the amount you claim.
PS. You need a better AI tool.
Always stuck me as feel-good legislation that did precious little
Taxation is thief .inflation is thief.. tariffs in a country that manufactures nothing is thief.. not being on a gold standard is thief...