Help Save LIHEAP & Weatherization - Make Your Voice Heard
Now is the time to speak up about the importance of LIHEAP.
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Newsroom
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As Trump Administration Rolls Back Consumer Protections, California Finding New Ways to Save Consumers Millions in Unaffordable Predatory Financial Services Fees
AB 1365 by Assemblymember Garcia soared through two Assembly Committees this week; the bill moves CA forward on CalAccount – a voluntary, no-fee, no-penalty banking option for Californians SACRAMENTO– This week, the California State Assembly Committees on Banking and Labor voted overwhelmingly to pass AB 1365 (Garcia), a bill to eliminate barriers to banking for…
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LIHEAP in Crisis: State Leaders, Advocates Warn HHS Cuts Put Low-Income Families at Risk of Utility Shutoffs and Health Emergencies
Maryland, Virginia, and DC lawmakers highlight devastating impact of eliminating the Low-Income Home Energy Assistance Program (LIHEAP)
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The New York Times: Court Scraps $8 Credit Card Late Fee Limit, at Consumer Bureau’s Request
Appearing in The New York Times on April 16, 2025, Stacy Cowley quotes NCLC Senior Attorney Chi Chi Wu in coverage of the Trump administration’s decision to scrap the Consumer Financial Protection Bureau’s (CFPB) $8 limit on most credit card late fees. “This decision will allow big banks to exploit consumers to the tune of…
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NPR: Judge blocks mass layoffs at CFPB in the latest twist over the fate of the agency
Appearing in NPR on April 18, 2025, Laurel Wamsely interviews NCLC Associate Director Lauren Saunders for coverage of Judge Amy Berman Jackson’s order that halted the Consumer Financial Protection Bureau’s attempt to lay off the vast majority of its employees and gut the agency. “The CFPB cannot simply shirk the consumer protection responsibilities Congress gave…
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Marketplace: The weight of carrying debt in old age
Airing on Marketplace Radio on April 7, 2025, Chris Farrell and Meredith Garretson Morbey interview NCLC Senior Attorney Odette Williamson for coverage of rising debt among older adults debt and how that’s pushing more households into the ranks of the financially precarious. “We’ve seen an uptick in debt, including mortgage debt, among older adults for a…
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U.S. District Court Pauses Mass Firings at CFPB
CFPB Employees Union, NCLC, and Others Filed Motion to Show Cause After Layoffs Appear to Violate Court’s Preliminary Injunction
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CFPB Begins Firings and Ends Oversight of Nonbanks, Big Tech, and Critical Consumer Protection Areas
Internal Memo Outlines Plan to End CFPB Oversight of Payday Lenders, Most of the Mortgage Market, and to “Deprioritize” Medical Debt and Many Other Areas
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NY AG Lawsuit Shows Dangers of Fintech Payday Loan Bills
New data shows low-wage workers could pay $700/year or more under pending bills in Connecticut, Maryland, Massachusetts, New York, and other states NEW YORK – The New York Attorney General yesterday filed lawsuits against fintech payday lenders DailyPay and MoneyLion for violating the state’s usury rate laws and engaging in deceptive practices. The lawsuits reveal…
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CFPB and Chamber of Commerce Move To Remove Limits on Credit Card Late Fees
Agreement to vacate $8 late fee regulation sidesteps federal law giving the public the right to comment. WASHINGTON, D.C. – Yesterday, the Consumer Financial Protection Bureau (CFPB) dealt a blow to struggling consumers by seeking to remove the cap on credit card late fees. The CFPB filed a joint agreement with the Chamber of Commerce and the…
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CFPB to Revoke Guidance Prohibiting Debt Collectors from Collecting Medical Debts Not Owed
CFPB’s 2024 Guidance Sought to Prevent Deceptive and Unfair Medical Debt Collections BOSTON – Sick or injured people may be more likely to be confronted by debt collectors attempting to collect medical bills they do not owe in the near future. Despite significant research about the problems caused by medical debt, the Consumer Financial Protection…
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House Republicans Ignore Rising Prices, Vote to Keep $35 Big Bank Overdraft Fees
House votes to block CFPB’s $5 cap on big bank overdraft fees and oversight of big tech payment apps, building on tariff woes and high grocery costs.
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