Michelle Deakin

It's Consumer Advocacy Week! Great to kick it off with support from @neal.house.gov He's committed to supporting the Consumer Financial Protection Bureau and to #ProtectConsumers #CAW2025 #HandsOffCFPB

Opinion: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well Elon Musk and Marc Andreessen have begun a campaign against the agency, but they're rowing against public opinion: Americans see its value.

Great piece explaining why billionaires hate the CFPB: $$$
www.latimes.com/opinion/stor...

Holiday Shoppers Beware! Buy Now Pay Later and Deferred Interest Credit Cards Hold Hidden Dangers New brief explains new protections for BNPL users, offers tips for consumers considering BNPL and no-interest credit card promotions.

“Don’t let deceptive financial promotions & huge, delayed charges ruin your holidays,” said @chichiwu.bsky.social. “If an offer looks too good to be true, it probably is & you could be paying the financial consequences well into the next year & beyond." #ProtectConsumers www.nclc.org/holiday-shop...

50-State Survey: APRs Increase As States Allow Lenders to Pile on Junk Fees Interest rate caps still vary greatly from state to state, rates are trending upward, and too many states allow lenders to pile on junk fees.

In the past year, Florida, Kansas, Miss., Okla., & Texas raised interest rate caps for consumer loans. How did your state do? Check out this
new NCLC report. www.nclc.org/50-state-sur...

Class action lawsuit on AI-related discrimination reaches final settlement A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and incom...

A victory for tenants who filed a class action claiming that tenant screening algorithms discriminated based on race & income apnews.com/article/arti...

The Crypto Triad Won The Election After gargantuan industry donations, the government is ready to go all-in on cryptocurrency — at the risk of consumers and the greater financial system.

Welcome to the crypto-presidency and crypto-Congress
"More people will be hurt." www.levernews.com/the-crypto-t...

Alabama Congressman Joins Debt Collectors in Support of Deceptive and Unfair Collection of Medical Debt Rep. Palmer’s Resolution to Overturn the CFPB’s October Advisory Opinion Comes on the Heels of a Legal Challenge Brought by ACA International WASHINGTON – More than 100 million people struggle under t...

As more than 100M people struggle under the weight of medical debt, a congressman and a trade group work to roll back common-sense #CFPB protections against deceptive medical debt collections. 👎 www.nclc.org/alabama-cong...