Today, the Trump administration released a simplistic and misleading new claim that the Consumer Financial Protection Bureau (CFPB) has cost consumers between $237 and $369 billion in additional costs, increased borrowing expenses, and lost productivity.
FOR IMMEDIATE RELEASE: February 11, 2026 CONTACTS: Jarice Thompson, jarice@ourfinancialsecurity.org; Nicholas Rubando, nrubando@consumerfed.org Over 170 Organizations Join Broad Coalition Supporting New Senate Bill to Cap Interest Rates for Loans WASHINGTON, D.C. – As the prospect of an interest rate cap has moved to the forefront of national public policy discussions, the Consumer Federation of America joins
FOR IMMEDIATE RELEASE: Feb. 10, 2026 CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org AFREF Opposes Effort by Trump Family Crypto Company to Grab Bank Charter Conflicts of Interest Concerns Mount Over World Liberty Financial’s Shadowy Investors WASHINGTON, D.C. – The Trump family crypto firm World Liberty Financial has applied for a national trust bank charter. WLF’s business model
As the California Air Resources Board (CARB) considers binding carbon emissions disclosure measures for large companies doing business in California, a coalition of 40 organizations today called on the board to close a loophole that would allow insurance companies across the state to skirt the requirement, which would leave the public and investors in the dark about the industry’s contribution to climate change.
FOR IMMEDIATE RELEASE: February 9, 2026 CONTACTS: Jarice Thompson, jarice@ourfinancialsecurity.org; Stephen Rouzer, srouzer@nclc.org ; Nicholas Rubando nrubando@consumerfed.org, Ruth Sussswein, ruth.susswein@consumer-action.org; Christine Hines, christine@consumeradvocates.org; Eric Naing, eric@demandprogress.org Trump-Vought Consumer Financial Protection Bureau takes steps to reduce the number of people who seek help from the consumer agency Despite new hurdles, consumers should continue to submit complaints
FOR IMMEDIATE RELEASE: Feb. 09, 2026 CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org One Year of the CFPB Under Siege WASHINGTON, D.C. – One year ago today, the Trump administration took over the Consumer Financial Protection Bureau (CFPB) and began a quest to dismantle the agency responsible for protecting the rights of consumers and holding big banks and