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.
Read More about NPR: Up to 100 more workers are fired at CFPB as staff fear mass layoffs are looming
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…
Read More about TIME: What Cuts to the CFPB Could Mean For Consumers
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…
Read More about CNBC: CFPB fines Equifax $15 million over errors on credit reports
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…
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
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate
