Consumer Action

FHFA's director is NOT supposed to side with one credit scoring company over another -- he's supposed to do what's best for home buyers. Seems he needs a reminder.

That $80 million belongs to harmed consumers/servicemembers.

Say NO to Scams: Protecting consumers and communities from fraud (In-person train-the-trainer on Tuesday, July 22, 2025, in New York City) Take this survey powered by surveymonkey.com. Create your own surveys for free.

Say NO to Scams-- In person--Train the Trainer

Don't miss Consumer Action's Free fraud prevention training in N.Y.C. on -- July 22 .
(at NYU's Kimmel Center 10:30 - 2:30pm).

Help your clients prevent fraud & ID theft.

Pls Register at: www.surveymonkey.com/r/T9GWFNG

You're invited to the free training
"Say NO to Scams: Protecting consumers and communities from fraud" by Consumer Action.

When: July 22, 2025
10:30 - 2:30 p.m.
Where: NYU's Kimmel Center, 60 Washington Sq. So. NYC

To register: www.surveymonkey.com/r/T9GWFNG

What a shameful, illogical act.

Congress let consumers down in its attack on the Consumer Watchdog

The U.S.House voted to permanently obliterate two CFPB rules--the Overdraft fee rule & the Payment App Oversight rule.

Congress let the country down by banning reasonable consumer protections for the benefit of oligarchs.

Trump’s Latest Deregulatory EO Calls for a Lawless, Unconscionable Rollback of Commonsense Public Protections - Public Citizen WASHINGTON, D.C. – President Donald Trump late Wednesday issued an executive order calling for agencies to identify and repeal regulations…

NEW: Trump's latest deregulatory EO is a lawless, unconscionable attempt to roll back commonsense protections for workers, consumers, families, civil rights, our environment, and more.

We will challenge this blatantly unlawful effort at every step.
www.citizen.org/news/trumps-...

The CFPB is under attack today in the House of Representatives. This is the only federal financial agency that protects consumers. Some lawmakers are working on abolishing its rules, its funding & its mission to protect you.

Pls Call Congress to let your reps know:
Don't Destroy the CFPB.

"This administration's attack on the CFPB drips with disdain for everyday Americans. The actions of this administration to take money from working people & give it to the rich speaks louder than words." -Seth Frotman, Former CFPB General Counsel
ourfinancialsecurity.org/2025/03/news...

"Since taking office, President Trump, Elon Musk & Russell Vought have abused their authority to shut down the CFPB & other agencies that Americans rely on for their financial security...These are not reforms, they are illegal attacks." -Rep. Bill Foster #HandsoffCFPB #DefendCFPB

The FTC Click to Cancel rule simply says make it as easy to cancel as it is to sign up.
Trustworthy companies should not lock people into agreements to make a profit.

US House members vote today to either defend Wells Fargo & Chase's billions reaped each year in Overdraft fees or
support the CFPB's protection of consumers-by limiting OD fees.

The choice to protect constituents should be clear.
#ProtectConsumers

The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the bureau.

CFPB has dropped its enforcement suit against payment service Zelle and parent banks.

According to the CFPB, consumers at the three largest 3 banks lost over $870 million over seven years due to inadeuqaute protections from widespread Zelle fraud.

This is putting more consumers at risk.

Big Tech payment apps just got a corporate pardon from the Trump Admin--leaving consumers' money from payment app fraud in corporations' pockets.

Next up is the Senate-they vote whether to permanently remove oversight of P2P fraud losses. Consumers need a CFPB that prevents fraud & protects them.

The Trump CFPB has let all consumers down--this time--by dropping the EWS/Zelle lawsuit.
Tomorrow the Senate will vote on pardoning all corporations for payment app dereliction of duties.
The goal: to kill federal oversight of payment fraud and financial relief for consumers.
Senators just say no

Consumer watchdog payouts in limbo as agency defanged by Trump administration The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot of money intended for borrowers allegedly harmed by the student loan servicer Navient sitting in limbo, according to an advocacy organization.

Hey DOGE, where’s the efficiency? Money owed to consumers from financial abuse is in limbo right now, since the Trump administration has suspended the work of the CFPB. Complaints aren't being processed and lawsuits are being dropped. Looks like financial losses, not gains.
tinyurl.com/5xfw854x

Current CFPB 'leadership' has not realized that this agency is the CONSUMER Financial Protection Bureau ... NOT the Corporation Financial Protection Bureau.

Consumer watchdog agency called ‘vicious’ by Trump seen as a ‘hero’ to many it aided The Consumer Financial Protection Bureau is in the crosshairs of a White House that has halted its work, closed its headquarters and fired dozens of its workers.

As the Trump administration tries to dismantle it,consumers caution HANDS OFF our CFPB complaint system!
"Sometimes you're up against a brick wall and you need an advocate. If that [CFPB complaint] program is disbanded where is a consumer supposed to turn? There is nobody."
tinyurl.com/crtatuan

Now Congress wants in on dismantling CFPB consumer protection rules--it plans to ban a cap on Overdraft fees. Consumers need access to short term loans--without the penalty fee!

An Unlawful shutdown by the Unelected & Unaccountable. UNACCEPTABLE.

Thank you Rohit Chopra-on your watch-the CFPB returned more than $6 billion to consumers--from corporate wrongdoing. This is the power of financial regulation—protecting everyday Americans from abusive banks and corporations.

The CFPB under Director Rohit Chopra has been a trusted source that consumers could rely on to address disputes and hold companies accountable for unfair practices.
Many thanks to CFPB Director Rohit Chopra who returned billions of dollars to compensate real people for real financial harms.

Trump ordered a federal spending freeze on all grants & loans.

Students won't receive financial aid. Food assistance programs like SNAP are on pause. Programs like Medicaid and rental assistance will be impacted.

All this does is make it harder for working people to survive.

No car dealer misrepresentations, No bogus add-ons--simply provide a car's REAL price-- Who could argue with that?
Only shady auto dealers & now the Fifth Circuit has struck down the FTC's CARS rule.
It's time for states to step up.

The CFPB has sued Experian for 'failing' to rectify mistakes on consumers' credit reports. That's the kind of help we count on the Consumer Bureau for.

The CFPB protects consumers in its fight against Zelle P2P fraud. That's the spirit! Thanks CFPB! #ProtectConsumers

FTC Rule Requires Upfront True Costs of Concert Tickets, Vacation Rentals; Gets Rid of Hidden Fees - NACA December 17, 2024 For Immediate Release: FTC Rule Requires Upfront True Costs of Concert Tickets, Vacation Rentals; Gets Rid of Hidden Fees WASHINGTON, D.C. – The Federal Trade Commission today issued...

It happens to thousands of people every day: you go to check out on a concert ticket or hotel room and suddenly the price doubles due to hidden fees.

This will finally end under a new FTC rule requiring true total prices to be disclosed upfront to consumers.

Read more:

Consumers stand with the CFPB--one of the federal agencies that makes a real difference in our lives.

Thank you CFPB for putting the brakes on oversized Overdraft fees. This rule gives big banks/credit unions options & saves consumers a bundle.

The CFPB fights fraud & protects consumers' personal information with some limits on data brokers.