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.
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),…
Read More about Lawsuit Challenges Trump Administration’s Illegal Effort to Shut Down CFPB
Sen. Tim Scott (SC) and Rep. French Hill (AR) Introduced Resolutions to Overturn a CFPB Rule Capping Big Bank Overdraft Fees at $5
With CFPB Under Shut-Down Order, Consumers and Groups Seek to Intervene to Defend Lifeline for People Harmed by Medical Debt
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…
Read More about Coalition Moves to Protect Consumers from Costly Bank Overdraft Fees
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.
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…
Read More about Digital Library: Helping Consumers Harmed by Payment Fraud
Threatened CFPB Rule Will Lower Big Bank Overdraft Fees from $35 to $5, Saving Families Billions
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…
Read More about Chopra Firing Brings Four Years of Pro-Consumer CFPB to a Rapid Close
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…
To Protect Children’s Financial Security and Aid Reentry, Governments Should Prevent Seizure of Earned Income Tax Credits and Child Tax Credits
Advocates raise alarms over a last-minute decision to vacate a regulation that would have eliminated a large number of unwanted telemarketing calls.
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