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…
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…
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…
With Mass Layoffs Expected, Judge May Block Dismantling of Consumer Watchdog Agency
From today’s ABC News: After the Consumer Finance Protection Bureau (CFPB) fired its probationary workers as part of the Trump administration’s government-wide layoffs Thursday, the agency moved on to fire…
I Work at the FTC. I Know What Is Killing Local Groceries.
From today’s New York Times: Swaths of America have been hollowed out. Some people look at boarded-up shops in small towns and some urban centers and think: They just couldn’t…
As Retailers Offered Holiday Discounts, Shoppers Showed Up
From today’s New York Times: Heading into the holiday shopping season this year, retailers said they expected consumers to be more discerning — motivated by deals rather than a once-a-year…
Trump May Dismantle Guardrails Protecting Americans’ Finances, Consumer Groups Warn
From today’s NBS News: Consumer advocates say they’re preparing for sweeping changes at one of Washington’s newest financial watchdogs under President-elect Donald Trump, whose allies have promised broad deregulation of…
CFPB Increases Consumer Protections for ‘Buy Now, Pay Later’ Schemes
From today’s NBC7 San Diego: You’ve probably noticed a new way to pay when shopping online over the past few years. It’s known as “buy now, pay later,” or BNPL.…