US EditionTrump’s consumer protection cuts have cost Americans $18B, groups say
UNITED STATES, JUN 24 – The rollback halted fee caps and enforcement actions, causing consumers to lose $15 billion annually and forfeiting $50 million in redress payments, consumer groups said.
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7 Articles
Trump's Move To Gut Financial Protection Agency Could Cost Consumers $15 Billion A Year, Say Advocacy Groups - Bank of America (NYSE:BAC), Capital One Finl (NYSE:COF)
Trump's efforts to dismantle CFPB has cost consumers $18 billion in higher fees and canceled restitution. Advocacy groups urge Congress to act.
Trump's CFPB rollback has cost Americans $18 billion, consumer groups say
President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly cheated by major companies, according to an analysis released Tuesday by two organizations.
Trump’s consumer protection cuts have cost Americans $18B, groups say
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 allegedly cheated by major companies, according to an analysis released today by two organizations.
NYC Comptroller calls for strengthening city, state consumer protection laws, regulations
Accusing the Trump Administration of “dismantling” the CFPB, New York City Comptroller Brad Lander is calling on city and state officials to fill the void by strengthening consumer protection laws and rules in the city and state. “The Trump Administration’s dismantling of the Consumer Financial Protection Bureau (CFPB)—including the elimination of 90 percent of its staff—will leave millions of Americans more vulnerable to unfair, deceptive, and …
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