Brad Lipton
Director, Corporate Power and Financial Regulation, @RooseveltInstitute.org, @RooseveltForward.org. Former semi-pro food blogger.
- Imagine if I were in a city and arguably the best restaurant was named The Roosevelt and it was rec'd by @lukenorris.bsky.social and I didn't go. Luckily, we don't need to find out.
- 1/ Remarkably, the CFPB appeared in the Epstein files last week. (I don’t think this has been covered anywhere—h/t @kirenitynow.bsky.social.) It’s about financial education! And it’s… not flattering. Short thread on financial education, corporate power, and, yes, Epstein/CFPB 🧵
- 2/ There is a robust literature about the decidedly mixed effectiveness of consumer education. Compare www.researchgate.net/publication/... with www.sciencedirect.com/science/arti...
- 3/ Personally, I don’t think consumer education really hurts, but I do think focusing on financial education is often a way of trying to look like you care about people when you really don’t want to stand up to corporate power. www.consumerfinance.gov/about-us/new...
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View full thread6/ In short: financial education isn’t the worst thing, but it’s often a weak sauce substitute for confronting corporate power. The Epstein files make that logic uncomfortably clear.
- 1/ For all the pundits who are saying that a cap on credit card interest rates will never pass Congress, can you please just take a look at what just happened IN CONGRESS on the government shutdown? www.nytimes.com/2026/02/03/u...
- 2/ Conservative members of Congress say no. Trump says yes. Congress passes bipartisan legislation after the White House and Speaker Johnson twist a few arms to get what the president wants.
- 3/ If I remember correctly, funding the government with huge deficits was THE SINGLE BIGGEST ISSUE that conservative members of Congress used to complain about. Now Trump pushes, and they fold. www.upi.com/Top_News/US/...?
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View full thread5/ Maybe stop saying the cc cap will “never” happen until the president actually tries? Trump has not seriously tried anything on affordability, so we don’t really know what would happen. But don’t blow the whistle on what’s possible when, literally yesterday, the same play worked.
- Cold day pot roast
