The consumer protection agenda has undergone a noticeable pivot. After years of pushing the Federal Reserve to slash interest rates, policymakers are now turning their spotlight elsewhere—toward what they view as predatory lending practices in the private sector. This marks a meaningful shift in regulatory priorities, moving from macro-level monetary policy intervention to micro-level market supervision. The implications matter for how credit markets function and, by extension, for broader financial ecosystem dynamics. Whether this represents genuine protection or overreach remains a point of contention, but the direction is clear: scrutiny on private lenders is intensifying.