John Kennedy passionately criticizes new CFPB rule: ‘Unbelievable!’

by | Nov 8, 2023 | Bank Failures | 18 comments

John Kennedy passionately criticizes new CFPB rule: ‘Unbelievable!’




On the Senate floor, Sen. John Kennedy (R-LA) railed against a new CFPB small business lending rule.

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John Kennedy, a U.S. senator from Louisiana, recently made headlines with his fiery response to the new Consumer Financial Protection Bureau (CFPB) rule. In a must-watch video clip, which has been gaining attention across social media platforms, Kennedy can be seen absolutely going off on the new rule, expressing his disbelief and frustration with the decision.

In the clip, Kennedy starts off by asking a simple question: “What in the–?” This sets the tone for the rest of his impassioned speech, as he goes on to criticize the CFPB for what he sees as an overreach of their regulatory authority. He lambasts the bureau for imposing what he considers to be burdensome regulations on financial institutions, which he believes will ultimately hurt consumers.

Kennedy’s passionate reaction to the new CFPB rule has struck a chord with many Americans who share his concerns about government overregulation. As a staunch advocate for limited government intervention in the economy, Kennedy’s remarks reflect a growing sentiment among conservatives and libertarians who believe in free-market principles.

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The video of Kennedy’s outburst has been widely circulated on social media, with many viewers expressing their support for his stance against excessive government regulation. His no-nonsense, unfiltered remarks have resonated with those who are tired of bureaucratic red tape and intrusive regulations that stifle economic growth and individual freedom.

The CFPB rule in question has sparked controversy for its potential to limit consumer choice and access to credit. Critics argue that the rule could have unintended consequences, leading to higher costs for consumers and reduced availability of financial products and services.

Kennedy’s outspoken criticism of the new rule has helped to draw attention to the potential negative impact it could have on the economy and the financial well-being of Americans. His willingness to speak out against what he sees as government overreach has inspired others to join the conversation and advocate for a more sensible approach to financial regulation.

As the debate over the CFPB rule continues to unfold, Kennedy’s impassioned response serves as a reminder of the importance of standing up for individual liberty and economic freedom. His unapologetic defense of free-market principles has struck a chord with many who share his concerns about government overreach and excessive regulation. For those who have not yet seen the video, it is a must-watch moment that encapsulates the frustration and determination of those who believe in a more limited government and a freer economy.

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18 Comments

  1. Judy Dings

    Oh my gosh!!!! This is so informative. This should be illegal and whomever/whatever group came up with this BS should be held responsible for this violation of privacy. Yes, our so called free country has gone to a communism country. Our government keeps dividing people into smaller and more distinct groups to attract votes.
    Thank you Senator Kennedy for making this point clear.

  2. The Brand

    Never thought I would like a Kennedy. This man is great.

  3. DukeNukem

    Testing this here account.

  4. Robert Green

    No bad decision just follow the money follow the kick backs. Welcome to the police state

  5. Jen

    Oh it's just 2 people kn my business. I' make way less than 500,000 and I have Givin half of my money I've made to the irs,and when I needed help they didn't give me a dime disgusting!!!!!

  6. mdsailmaster22

    Government blackmailing the citizenship through their Small Businesses income! Weirdest thing but under Biden-Harris not surprisingly is illegal!

  7. I was just thinking Meadows1999

    Sexual preference has nothing to do with applying for a SBA. It’s probably to show preference for sexual orientation and not justly looking at the applicants ability to repay. It’s intrusive and nobody’s business!

  8. JRE

    Personally I don't think government should have been looking at small business loans in the first place.
    There is nothing that the government hasn't been involved in that they fixed.
    The only reason they get involved is to direct thier narrative or make money off it.
    The fucking government is like a legalized mafia.

  9. George H.

    Politicians need to come down to earth, and realize that you were all lied to about landing on the moon!

  10. George H.

    You're speaking of violating people's privacy like it's your business.

  11. Mario Guerra

    Every time I hear this man; my bias towards the Democratic party is slowly but surely dismantled.

  12. Ezekiel's Wheel

    New International Version
    Therefore the law is paralyzed, and justice never prevails. The wicked hem in the righteous, so that justice is perverted.

  13. Ezekiel's Wheel

    1 Peter 4:7
    The end of the world is coming soon. Therefore, be earnest and disciplined in your prayers.

  14. Melons1054

    Biden has hired tens of thousands of diversity police lawyers and have endless resources for lawfare

  15. FractalPrism

    it should not be part of their mission to ask for those personal details; its none of their biz what you do in your personal sexlife
    especially details that dont exist in the first place
    eg:
    trans, non-binary

  16. Glenn McLamb

    Seems to me they are trying to drive people away from the small bank,driving them out of business to be allowed to be gobbled up by larger ones.

  17. Douglas Coffey

    Thank you for educating American people on how bad our country has become

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