GENIUS Act’s Blessing of “Stablecoins” Heightens Risks of Fraud, Privacy Violations, and Risks to Consumer Funds
Read More about President Trump Signs Crypto Bill Exposing Consumers to Huge Financial Risks
Fund Compensates Victims of Companies that Hide Assets After Breaking the Law WASHINGTON – A proposal by the Consumer Financial Protection Bureau (CFPB) to limit the permissible uses of the Consumer Financial Civil Penalty Fund may signal a plan to stop compensating victims of companies that violate the law and then say they have no…
Read More about Proposed Rule Limiting Uses of Civil Penalty Fund Feeds Lies about the CFPB
The NCLC Digital Library is not just for consumer lawyers. A new article describes the NCLC Digital Library’s practice manuals that are of special utility for attorneys practicing in areas outside of consumer law: landlord-tenant law; employment law; public benefits law; family law; criminal law; and class actions.
Complaint Alleges Jaffarian Volvo Toyota Charged Black and Hispanic Customers Higher Prices and Markups for Add-On Products and Services Than Similarly Situated White Customers BOSTON — Attorney General Maura Healey announced today that her office is suing a Haverhill car dealership for engaging in unfair, deceptive, and discriminatory pricing practices against Black and Hispanic customers by illegally…
Read More about AG Healey Sues Haverhill Car Dealership for Pricing Discrimination
BOSTON — Today, the Boston City Council adopted a resolution in support of legislation to end debt-based driving restrictions. The resolution, filed by Councilors Liz Breadon (District 9), Henry Santana (At-Large), and Benjamin Weber (District 6), supports the Road to Opportunity Act (S.2368/H.3662), introduced by Representative Brandy Fluker-Reid (D-12th Suffolk) and Senator Julian Cyr (D-Cape…
Read More about Boston City Council Supports End to Debt-Based Driving Restrictions
Appearing in the Chicago Tribune on July 3, 2025, an op-ed by Chi Chi Wu, director of consumer reporting and data advocacy at NCLC discusses how millions of Americans recently saw their credit scores drop 100 or 150 points when the administration of Donald Trump started reporting student loan delinquencies to the credit bureaus. Americans should not…
Read More about Chicago Tribune: Recent credit score drops come from Donald Trump’s bad policy
Deep Cuts to Consumer Protection, Health Care, and Food Assistance to Fund Tax Cuts for the Ultrawealthy
Read More about Congress Sends President Bill That Will Deepen Poverty and Hurt Working Families
Appearing in Next Avenue on June 23, 2025, and sponsored by the RRF Foundation for Aging, this op-ed by Abby Shafroth, managing director of advocacy at NCLC, discusses the Administration’s plans to collect student loan debt have collided with concerns about reducing Social Security benefits and pushing older adults into poverty. “Rather than just another…
Appearing in Bloomberg Law on June 27, 2025, Angelica Serrano-Roman, Evan Weinberger, and Alex Wolf talk to John Rao, senior attorney at NCLC, about how bankrupt student loan borrowers subjected to illegal debt collection efforts have fewer options after the Consumer Financial Protection Bureau’s retrenchment under the Trump administration. “The dismissal of the cases is…
Read More about Bloomberg Law: CFPB Pullback Shrinks Bankrupt Student Loan Borrowers’ Options
Appearing in The New York Times on June 20, 2025, Ann Carrns talks to Chi Chi Wu, director of consumer reporting and data advocacy at NCLC about how negative rent information can be disastrous for struggling families if they fall behind on their rent even once. Landlords are unlikely to rent to anyone with a…
Read More about The New York Times: A Way for People With Low Credit Scores to Raise Them
Appearing in The New York Times on June 26, 2025, Matthew Goldstein interviews Andrew Pizor, senior attorney at NCLC for coverage of how the nation’s largest mortgage finance firms will begin accepting crypto as an asset on a mortgage application. This is another significant step by the Trump administration to bring digital currencies into mainstream…
Read More about The New York Times: Crypto Industry Moves Into the U.S. Housing Market
The U.S. House will soon consider the Senate’s Reconciliation Bill. The big, brutal bill will raise prices for low-income and working-class families, eliminate health insurance for millions of people, slash funding for the Consumer Financial Protection Bureau (CFPB), and eviscerate student loan protections to pay for tax cuts for billionaires. The Reconciliation bill includes huge…
Read More about Urge Congress to Reject the Big, Brutal Reconciliation Bill
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate
