In late May, the Consumer Financial Protection Bureau (CFPB) under Trump-appointee and acting director Russell Vought launched a newly redesigned website that deprioritized consumer complaints and reframed the CFPB as a deregulatory agency rather than the nation’s only financial watchdog focused on protecting consumers in the market. As part of this overhaul, the Trump-Vought CFPB deleted the agency’s blog and removed all press releases prior to February 2025.
In 2025, the Trump-Vought CFPB rescinded 67 policies designed to protect consumers from unfair practices like lending discrimination, harassment in debt collection tactics, and surprise junk fees—and to help families access affordable credit. In the midst of a growing affordability crisis where people are already struggling to keep up with rising costs and growing debt, these actions put consumers at even greater risk and allow banks and corporations to continue to profiteer on the backs of everyday families.
This is a resource for institutional investors, including pension trustees, seeking to better understand what recent turmoil in private credit could mean for their portfolios.
Insurance companies have increased homeowners insurance premiums by an average of 24 percent from 2021 to 2024 nationwide. They are raising premiums for multifamily housing too, which results in higher rents and higher costs for new affordable housing. The rising cost of insurance is adding extra financial strain on too many U.S. families at a time when cost of living concerns are at their highest.
In the short time that Zachary Nunn (R, IA-03) has been in Congress, he has been a staunch ally of Wall Street, big banks, and big tech companies in finance against the interests of everyday people, workers, and communities. Nunn overwhelmingly used his voting power to support Congressional measures making it easier for these corporations to increase their profits by ripping people off and taking advantage of the millions of people that rely on financial products to manage their household budgets and save for retirement.
President Trump and his family are advancing crypto’s agenda while openly profiting from their own cryptocurrencies and businesses. The President and his family have made more than $5 billion in crypto ventures this year alone.
