Congress created the CFPB, and Congress must support ordinary people and fair competition by standing up for a strong and independent CFPB.
Read More about 349 Organizations Urge Congress to Support the Consumer Financial Protection Bureau
Consumers need clarity about their rights when companies collect, use, and monetize their payment and personal financial data. Without strong consumer protections, consumers will be harmed when that information is shared and used to make decisions about the consumer- particularly when that information may be incorrect. Consumers need to be able to correct any errors…
National groups urge the CFPB to issue its proposed rule codifying the application of the FTC’s Credit Practices Rule to financial institutions (Reg AA), and adopting three important new consumer protections. The proposed rule would forbid covered entities from including in their contracts 1) any clause that waives legal rights designed to protect consumers, 2)…
Re: Oppose S.J. Res. 18 (Scott), CRA Resolution to Overturn CFPB Rule on Overdraft Lending: Very Large Financial Institutions Dear Representative, The undersigned 295 consumer, civil rights, labor, legal services and community organizations and academics write to urge you to oppose S.J. Res. 18 to overturn the Consumer Financial Protection Bureau’s overdraft fee rule, which…
Read More about 295 Groups Oppose Overturning Overdraft Fee Rule
We oppose S.J. Res 28, a resolution under the Congressional Review Act (CRA) to overturn the CFPB’s rule enabling the agency to supervise the larger participants in the market for digital payment apps. The rule would prevent oversight to ensure that big tech companies comply with privacy and fraud laws.
Read More about Letter Opposing Resolution to Overturn CFPB Payment Apps Oversight Rule
