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CNBC: CFPB fines Equifax $15 million over errors on credit reports

January 17, 2025

Appearing in CNBC on January 17, 2025, Greg Iacurci interviews Chi Chi Wu, senior attorney at NCLC after the Consumer Financial Protection Bureau fined Equifax $15 million over credit reporting errors and alleged the credit bureau failed to properly investigate consumer disputes. “Credit bureaus have been sued repeatedly for this kind of conduct. They’re decades-old…

Associated Press: What does having the Consumer Financial Protection Bureau on hold mean for consumers?

February 12, 2025

Appearing in the Associated Press on February 12, 2025, Cora Lewis interviewed NCLC Associate Director Lauren Saunders for coverage of the Trump Administration’s decision to halt work at CFPB. “President Trump campaigned on lowering prices, and a lot of people voted for him because of high prices. and yet we’re seeing Republicans move to make…

CNBC: Trump’s second term could mean the downfall of the FDIC, CFPB: Here’s what that means for consumers

January 18, 2025

Appearing in CNBC on January 18, 2025, Jessica Dickler quotes NCLC Executive Director Richard Dubois in coverage of the impact of the incoming administration on the Consumer Financial Protection Bureau. The agency protects “hard-working people from predatory practices and discrimination in financial services.” Richard Dubois, executive director of the National Consumer Law Center.

Lawsuit Challenges Trump Administration’s Illegal Effort to Shut Down CFPB

February 13, 2025

Update: On Feb. 14, Judge Amy Berman Jackson ordered that the defendants cannot delete any CFPB records or data, cannot terminate CFPB employees, and cannot return CFPB funds pending a preliminary injunction hearing scheduled for March 3. National Treasury Employees Union (NTEU), National Consumer Law Center, National Association for the Advancement of Colored People (NAACP),…

Bill to Overturn CFPB Overdraft Fee Rule Would Hurt Families, Allow Big Banks to Keep $5 Billion in Excessive Fees

February 13, 2025

Sen. Tim Scott (SC) and Rep. French Hill (AR) Introduced Resolutions to Overturn a CFPB Rule Capping Big Bank Overdraft Fees at $5

Consumers and Groups File for Right to Defend Rule Removing Medical Debt from the Credit Reports of 15M People

February 13, 2025

With CFPB Under Shut-Down Order, Consumers and Groups Seek to Intervene to Defend Lifeline for People Harmed by Medical Debt

Coalition Moves to Protect Consumers from Costly Bank Overdraft Fees

February 5, 2025

Groups Seek to Intervene to Defend Rule Designed to Keep Money in Consumers’ Pockets as the Work of the Agency is Frozen As the Trump-Vance Administration takes over the Consumer Financial Protection Bureau (CFPB) and begins with a stop work order, a broad coalition is taking legal action to defend a CFPB rule that would…

Unlawful Shut Down of Consumer Agency Endangers Working Families, Honest Businesses, the Economy

February 10, 2025

Consumer advocates warned today that the illegal effort by the Trump Administration to shut down the Consumer Financial Protection Bureau (CFPB) endangers the entire economy.

Digital Library: Helping Consumers Harmed by Payment Fraud

February 6, 2025

Criminals plot seductive fraud schemes and carefully utilize forms of payment that best enable them to receive money quickly, without a consumer being able to stop or reverse the payment. This article explains practical steps and legal rights that may allow consumers to get their money back, depending on the payment method used by the…

Congress’s Move to Overturn Overdraft Fee Rule Would Block Relief for Families Living Paycheck to Paycheck

February 3, 2025

Threatened CFPB Rule Will Lower Big Bank Overdraft Fees from $35 to $5, Saving Families Billions

Chopra Firing Brings Four Years of Pro-Consumer CFPB to a Rapid Close

February 1, 2025

Rohit Chopra’s CFPB beat back overdraft and credit card junk fees, tackled medical debt, credit reporting, student loans, and high-cost lending WASHINGTON – Today, President Donald J. Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), an active, pro-consumer regulator. Director Chopra focused the nation’s leading consumer protection agency on protecting people…

NPR On Point: 'He wanted to destroy me financially': The economic abuse of domestic violence survivors

January 27, 2025

Nearly every domestic violence survivor has reported suffering economic abuse at the hands of their abusive partner. They’ve been coerced into debt, had their credit scores ruined, lost all financial independence. Few laws are on the books to prevent this. Adrienne Adams, professor in the Department of psychology at Michigan State University, Carla Sanchez-Adams, senior attorney…

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