CFPB Hides Corporate Wrongdoing from Public View
Trump Administration Removes Consumer Reports from Public Database
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Letter Opposing Main Street Capital Access Act, H.R. 6955
This is a letter opposing H.R. 6955, a dangerous bank deregulation package would undermine core safeguards and supervision, push risk into the shadows and make the next publicly financed bailout more likely.
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Letter to the House in Opposition to FCRA Liability Reduction and Reseller Immunity Acts
The undersigned 38 consumer and advocacy groups expressed opposition to H.R. 5775, the FCRA Liability Harmonization Act (Loudermilk) and H.R. 8141, the Fair Credit Reporting Reseller Accuracy Act (Lawler). In short: H.R. 5775, the FCRA Liability Harmonization Act, would dramatically reduce accountabilityfor credit bureaus and other companies, including when they wrongfully label innocentconsumers as bad…
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Letter to the House in Opposition to the Credit Access and Inclusion Act
H.R. 5402, the Credit Access and Inclusion Act, is touted as helping consumers build credit by including rent and utility payment history, but in reality it preempts state and other federal laws that give consumers control over their personal information and harms consumers struggling to afford high utility bills or obtain affordable rental housing. The undersigned…
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CFPB Takes Further Steps to Suppress Consumer Complaints
New Actions Targeted at Discouraging People from Challenging the Big Three Credit Reporting Companies
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More Than 100 Consumer Advocates From 30 States and D.C. Convene on Capitol Hill for Consumer Advocacy Day
By engaging directly with congressional offices, advocates aim to ensure that consumer interests remain at the center of policy discussions.
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Coalition Letter to Congressional Leadership Opposing Inclusion of REINS Act in Budget Reconciliation
This letter opposes inclusion of the Regulations from the Executive in Need of Scrutiny Act (REINS Act) in Budget Reconciliation because it would require that any major rule from an administrative agency would require affirmative approval of the entire rule by both houses of Congress.
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CFPB Guts Fair Lending
Bad Process Leads to Bad Rule As CFPB Fails to Meaningfully Review More than 64,500 Comments
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Trump Administration Concocts New Plan to Disable CFPB
Proposal to Dramatically Reduce CFPB Staff Would Cripple Supervision of Banks and Fintech Lending Apps; Cut Enforcement Staff by 80%
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Comments Opposing Changes to the CFPB Complaint Portal That Discourage Credit Reporting Complaints
This NCLC comment expresses strong opposition to changes proposed by the Consumer Data Industry Association (CDIA) that would throttle the number of complaints filed with the CFPB against the three Big Three credit bureaus (Experian, Equifax and TransUnion). The comments object to the CFPB’s action in already adopting one of the changes demanded by CDIA,…
