276 Groups Oppose Bill, with Wednesday Vote, to Allow Big Banks to Impose Large Overdraft Fees
A resolution to be considered Wednesday would reverse CFPB’s $5 cap on big bank junk fees of $35+
Originally appearing in NPR on February 27, 2025, Dan Weissmann, Emily Pisacreta, and Ellen Weiss quote Chi Chi Wu on the court battle she and her colleagues are mounting to slow down the agency’s dismantling — and where things could go from here. “This is where states can step in and protect the consumers in…
Read More about NPR: A medical-debt watchdog gets sidelined by the new administration
Originally appearing in NPR on February 27, 2025, Laurel Wamsley quotes Lauren Saunders on the consumer group response to the attack on the Consumer Financial Protection Bureau. “Voters in the last election expressed their dismay with high prices, yet the Administration is stopping the essential work to stop corporate abuses that take billions from people…
Read More about NPR: The CFPB drops its lawsuit against Capital One, marking a major reversal
A federal agency called the Consumer Financial Protection Bureau — CFPB for short — has taken big steps to help people with medical debt. But in early February, the Trump administration moved to effectively shutter the agency. Chi Chi Wu, senior attorney at the National Consumer Law Center — describes the court battle she and…
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