Americans’ hard-earned money is at risk as President Trump and Elon Musk dismantle consumer safeguards enforced by the Consumer Financial Protection Bureau.

Full Article Here.

The Consumer Financial Protection Bureau (CFPB) is facing a crisis following orders from the Trump administration to cease operations, effectively a "CFPB shutdown 2025." Acting Director Russell Vought directed CFPB staff to halt all work on February 10, 2025. This "Consumer Financial Protection Bureau Trump" action has sparked outrage, with advocates warning that gutting the CFPB will leave families vulnerable to fraud and abusive financial practices. For more details, read the NCLC's analysis of the "unlawful shut down of consumer agency": Details Here.

Check out Senator Warren's message about how the CFPB protects consumers against companies that engage in practices that harm consumers. Fight back to save the CFPB!

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When companies attempt to charge fees the person did not agree to initially, that's often illegal. Now that companies are being held accountable for charging unlawful fees, they have switched to new, underhanded tactics to try to continue to extract junk fee revenue from consumers. It’s particularly suspect when people have no choice about doing business with a company, such as a servicer or debt collector, when the fees are buried in “terms of service” or other hidden places, or when companies use “dark patterns” or other tricks to try to get consumers to “agree” to fees.

Check out the following CFPB blog describing new sketchy fee tactics:

New tactics from companies trying to charge illegal junk fees | Consumer Financial Protection Bureau

If you have had a problem with a consumer financial product or service, including improper tactics involving contract terms, you can submit a complaint with the CFPB.

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