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Not long after Marc Andreesen (also on Rogan) claimed the CFPB de-banked him for his politics, Zuckerberg also claims he was victimized by the CFPB (a consumer protection body) and depicts efforts to protect the public from tech excesses as an attack on American businesses. 🤔 https://t.co/Qa5o9nMBDX
Why would the consumer financial protection bureau look into the big website for scams and selling stolen stuff. It must be a conspiracy against me. https://t.co/HwXLRN6UNo
On Rogan, Zuckerberg says he doesn't know what the CFPB is or why it's investigating Meta. The truth is the Consumer Financial Protection Bureau defends people from corporate abuse. Meta has been accused of illegally using people's financial data in its ad business. https://t.co/e6vIb4BlfY
Mark Zuckerberg recently discussed the Consumer Financial Protection Bureau (CFPB) during an appearance on the Joe Rogan podcast, claiming he was unaware of the agency's purpose or its investigation into Meta, the parent company of Facebook. This statement has drawn criticism, as the CFPB is known for its role in defending consumers against corporate abuses. Critics pointed out that Meta has faced allegations of misusing user financial data in its advertising practices. Additionally, Zuckerberg's comments have been contextualized within a broader narrative of tech executives portraying regulatory scrutiny as an attack on their businesses. The CFPB is currently examining Meta's operations, a situation that has led to heightened scrutiny of Zuckerberg and his company's practices, particularly regarding data privacy and consumer protection.