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Marketplace: Why do you still get unwanted calls from telemarketers?

February 7, 2025

Appearing in Marketplace on February 7, 2025, Janet Nguyen talks to NCLC senior attorney Margot Saunders about why consumers still receive unwanted telemarketing robocalls. The FCC bans spoofing with ill intent, but the agency only has so many resources to handle complaints. Telemarketers will claim they got consent to make their calls. But telemarketers often ask…

CNBC: A new bill would cap credit card interest rates at 10%. Here’s what that could mean for your money

February 7, 2025

Appearing in CNBC on February 7, 2025, Stephanie Dhue talks to NCLC Senior Attorney Chi Chi Wu for coverage of how credit card interest rates have been hovering near record highs and a new bipartisan bill that would cap them at a dramatically lower figure. Experts say it may not be a win for consumers. “You…

Detroit Free Press: Consumers don't need more hidden fees, tricky loans, or a repeat of financial crisis

February 12, 2025

Appearing in the Detroit Free Press on February 12, 2025, Susan Tompor interviews NCLC Associate Director Lauren Saunders for coverage of the Administration’s move to shutter the CFPB. “This is an agency that touches all of our lives.”Saunders noted a long list of ways that the CFPB has worked to address everything from rip-offs to…

NPR: Up to 100 more workers are fired at CFPB as staff fear mass layoffs are looming

February 13, 2025

Appearing in NPR on February 13, 2025, Laurel Wamsley covers the Trump Administration’s recent firings at the Consumer Financial Protection Bureau and a lawsuit filed by NCLC and others to stop additional firings.

TIME: What Cuts to the CFPB Could Mean For Consumers

February 13, 2025

Originally appearing in TIME on February 13, 2025, Alana Semuels interviews NCLC Associate Director Lauren Saunders for coverage of the Trump Administration’s plans to shutter the CFPB and what that means for consumers, including Misty Castaneda, who would benefit greatly from the bureau’s rule to remove medical debt from credit reports. “The CFPB was established…

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…

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