because the american government basically ceded and privatized banking to mastercard and visa. you can't access most of the us payment networks, get fdic, etc unless you follow a private company's rules. for all the good the cfpb used to do, they see no problem allowing banks to ban legal gun purchases or getting debanked because of wrong think. it's just another piece of shit that needs to be removed.  > but chud how is anyone gonna make sure anyone is following the finance protection laws. we spend billions on federal law and local law enforcement. that's also what your local fed bank is actually supposed to do as well. the cfpb is really a redundant agency.
United States