2026-01-16 17:10:20

After pushing the Federal Reserve hard on rate cuts for years, America's top consumer protection official has now shifted focus—taking aim at what they call predatory lending practices in the private sector. The move reflects growing pressure on enforcement agencies to crack down on high-cost borrowing, P2P lending platforms, and alternative financing schemes that many see as exploitative.

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Token_Sherpa

· 14h ago

lol here we go again... trad regulators discovering P2P lending is basically ponzinomics with extra steps. took 'em long enough to realize velocity trap when it's staring them in the face, ngl

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BearMarketSurvivor

· 14h ago

This is the real move. A few years ago, we were fixated on the Federal Reserve's interest rate cuts, and now we're shifting to hunting down private high-interest loans—this rhythm is very much like changing defensive lines on the battlefield. The P2P model should have been cut long ago.

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RugResistant

· 14h ago

Forget it, these people should have been regulated long ago. The high-interest loans on P2P platforms are indeed a way to fleece investors, and finally someone has taken action.

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MetaverseLandlord

· 14h ago

Hmm... finally someone dares to take action against these high-interest lending platforms. It was about time to regulate them; these P2P schemes are too deep.

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