Trump Gives Budget Director More Time To Eliminate CFPB
From today’s Reuters: The White House has nominated a director to lead the Consumer Financial Protection Bureau, a legal maneuver that buys Acting Director Russell Vought more time to close…
How Existing Consumer Rights Laws Apply to AI Chatbots for Kids and Teens
From today’s Electronic Privacy Information Center: Nearly three in four teens report using AI chatbots, and about one in three teen users of AI chatbot report feeling uncomfortable with something…
Airlines Lobby To Roll Back Consumer Protection Regulations
From today’s Yahoo!News: Airlines for America, the trade group representing the nation’s largest carriers, has submitted a 93-page petition to the U.S. Department of Transportation (DOT) requesting the rollback of…
Trump Ditches Biden Rule For Airlines To Compensate Passengers For Flight Delays
From today’s NBC News: The Trump administration said Thursday it is abandoning a Biden-era plan that sought to require airlines to compensate stranded passengers with cash, lodging and meals for…
Trump’s Cuts To Consumer Protection Have Cost Americans $18 Billion
From today’s Honolulu Star-Advertiser: President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers…
Where’s the Inflation From Tariffs? Just Wait, Economists Say.
From today’s New York Times: Tariffs raise consumer prices. It’s a view held by most economists since long before President Trump entered the White House. Prices rose when Mr. Trump…
Consumers Are Financing Their Groceries. What Does It Say About the Economy?
From today’s New York Times: For some American consumers, “buy now, pay later” loans aren’t just for big-ticket items like televisions and vacations. They’re for groceries, too. When Tia Hodge…
Trump Is Turning CFPB Against Consumer Rights
From today’s New York Times: The Consumer Financial Protection Bureau is turning into the Corporate Financial Protection Bureau. President Trump’s C.F.P.B. has not only ceased to pursue its mandate; it…
Left for Dead, the C.F.P.B. Inches Back to Life
From today’s New York Times: At the headquarters of the Consumer Financial Protection Bureau, faint shadows above the entrance are all that remain of the letters that once spelled the…
Southwest To Charge for Checked Bags, Ending Popular Policy
From today’s New York Times: Southwest Airlines on Tuesday said it would start charging for checked bags, ending another longtime policy that had set it apart from other airlines as…