How Trump Is Gutting Regulatory Agencies Like the SEC, CFPB and EEOC
Feb 13, 2025
Once upon a time, in a big country called America, there was a president named Mr. Trump. He wanted to make things different. He thought that the government had too many rules. So, he decided to change them quickly!
Mr. Trump started to let go of many workers who helped keep an eye on businesses. These workers were like superheroes for regular people. They made sure everyone was treated fairly and kept safe. But when Mr. Trump fired them, there were fewer superheroes to help.
Mr. Trump wanted to help companies make more money. He paused important investigations and stopped some lawsuits. This meant there were fewer checks on how businesses treated their workers and customers. Some groups that helped protect things like money and jobs felt weaker. They couldn’t do their jobs well anymore.
Many people, called consumer advocates, were really worried. They saw that these changes would hurt ordinary folks like you and me. A smart man named Adam Levitin said it was like ripping away protections without rules. He called it “deregulation by firings.” That means the bad things that could happen to people were getting bigger, and the good things that kept them safe were getting smaller.
As a result, people who needed help didn’t have as many superheroes to protect them anymore. The businesses could do more without anybody watching over them. Some people thought this was good because it helped companies grow. But others thought it was very bad because it could let companies take advantage of regular people.
In this story, the big question is: Who will look out for the people? Everyone deserves to feel safe and happy. It's important to have good rules that protect us all! And with great power comes great responsibility.