The CFPB’s new guidance says that customers cannot be charged for obtaining basic information about their accounts.
CFPB
Posted inTAP
Biden’s Latest Initiatives Against Junk Fees
Today on TAP: Why did it take so long for other presidents to appreciate the power of these regulatory counterweights?
Posted inLaw and Justice
Supreme Court Seems Hesitant to Toss Out the CFPB
Oral arguments today saw the justices skeptical that the Constitution doesn’t allow Congress to fund the CFPB in a particular fashion.
Posted inMoney, Politics, and Power
Clarence Thomas Has Yet Another Huge Conflict of Interest
Revolving Door Project research reveals that right-wing elites in the Horatio Alger Association stand to benefit from a lawsuit attempting to destroy the CFPB. The group has close ties to Clarence Thomas.
Posted inLaw and Justice
The Return of ‘Whites Only’ Signs?
A ruling in Illinois from a Democratic-approved judge would invalidate the Equal Credit Opportunity Act in actions taken before the application stage.
Posted inEconomic Policy
Sketchy Auto Title Loans Under Fire
The Consumer Financial Protection Bureau is taking aim at the practice of borrowers exchanging the title of their vehicle for a small-dollar loan.
Posted inEconomic Policy
The Predators Making Big Profits From Poverty
The shady tax refund industry skims onerous junk fees from low-income returns and shares personal taxpayer data in the process.
Posted inHealth and Social Policy
Federal Agencies Investigating Medical Payment Products
The initiative is the Biden administration’s latest move in the fight against junk fees.
Posted inEducation in America
The Oncoming Train Wreck of Restarting Student Loan Payments
The administration has committed itself to a herculean task, partnering with private loan servicers that in the past have shown themselves to be utterly incompetent.
