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@cdarwin@c.im
2025-11-06 01:47:26

Tech Billionaire investor Marc Andreessen has long criticized the Consumer Financial Protection Bureau (CFPB)
— calling it an impediment to fintech and crypto companies. 
Andreessen’s investment firm (Andreessen Horowitz aka A16Z) backed many fintech/crypto players that were under CFPB scrutiny,
Under the Trump administration, the CFPB’s enforcement efforts were sharply scaled back:
investigations suspended,
consumer-protection rule-makings shelved,
and …

Tech Billionaire Marc Andreessen Bet Big on Trump. It’s Paying Off for Silicon Valley.
The Trump administration’s gutting of the Consumer Financial Protection Bureau has been good for venture capitalists like Andreessen, who previously accused the agency of “terrorizing” fintech startups and crypto companies.