White House · 117th Congress
In administration campaign on ‘junk fees,’ CFPB targets banks
“Today’s actions are going to save consumers more than $1 billion each year, and that’s a lot of money back in people’s pockets.”
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“Today’s actions are going to save consumers more than $1 billion each year, and that’s a lot of money back in people’s pockets.”
It’s set to take effect April 1. The rule came after the largest U.S. banks said they would stop financing oil exploration and drilling projects in the Arctic, citing environmental concerns.
[jwp-video n=”1″] The Justice Department wrote that judicial review of the purpose for congressional subpoenas is “more complex and more sensitive when Congress targets the President.”