It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.
On Monday, Russell Vought, the Project 2025 co-author and newly confirmed head of the White House budget office, lamented the “weaponization” of consumer protection while endorsing a lending platform that has faced a litany of lawsuits that claimed the company preyed on and lied to people seeking short-term, interest-free loans.
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