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Chuck Schumer: “Trump wants to give a green light to the bad actors that…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

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Chuck Schumer Details Joint-Resolution Of Disapproval On Trump's Reversal Of CFPB Protections

Published | Video Starts at 02:14

… deed transactions and took action in 2024 to crack down on these practices by applying the same lending protections to these loans as other consumer and mortgage loans. What does Trump wants to give a green light to the bad actors that they're free to exploit American potential homeowners in this way by eliminating the protections of CFPB. Apparently, Trump wasn't paying attention during the 2008 financial crisis. Giving these predatory lenders free reign only hurts the American people and the American economy. (02:14–02:25)

CLAIM

Asserts that Trump wants to eliminate CFPB protections, allowing exploitation of homeowners.

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