Top officials of the Consumer Financial Protection Bureau erupted in cheers this month.

How odd. The cheers were for a federal court that had just ruled in favor of letting big banks gouge us with exorbitant feeds when we’re late making a credit card payment. Bizarrely, agency officials joined jubilant bank executives in declaring, “This is a win for consumers.”

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Huh? The court’s blatantly plutocratic ruling lets financial giants slap us credit card customers with punitive fees of $32 or more for every late payment. The court is legalizing their consumer robbery, allowing credit card lenders to pluck an extra $10 billion a year in excess fees from our pockets. Adding to their shame, the profiteering bankers will mainly squeeze this windfall from low-paid working families who’re living paycheck to paycheck, having to rely on credit to make ends meet.

So why in hell are the government’s consumer protectors cheering this? Because these officials are no longer “ours,” but corporate operatives been installed by Trump’s brigade of billionaires. The supreme goal of their autocratic government is to further empower the rich over the rest of us.

Indeed, displacing consumer protectors with agents who’ll protect corporations from consumers was an explicit goal of Project 2025. That extremist manifesto was co-authored by Russell Vought, a fanatical right-wing politico from the Christian Nationalist cult. What’s he doing now? Trump has put Vought in charge of the Consumer Financial Protection Bureau.

Thus, a national agency meant to help average consumers have a bit more of a fighting chance against financial greed has been perverted by Trump into just another tool helping moneyed elites rip off working families. How great does that make America?

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Consumer Reports and the Consumer Federation of America are both working to save the CFPB; additionally, a lawsuit has been filed by Gupta Wessler, a high-stakes litigation firm in D.C., on behalf of the National Treasury Employees Union, National Consumer Law Center, NAACP, Virginia Poverty Law Center, Pastor Eva Steege, and the CFPB Employee Association.

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