Senate Banking would zero out CFPB funding in reconciliation
The panel must contribute at least $1 billion in budget savings over 10 years under the budget resolution.
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Trump’s first 100 days offer blueprint for future presidents to evade Congress
"When you compare Trump 2 to Trump 1, this one has been much more aggressive and what they’re doing and trying to do has been much more thought out."
CFPB nominee promises to keep agency open but downsize it
"I [take] that very seriously as a former congressional staffer, an Article 1 [of the Constitution] guy. I’m going to make sure the CFPB performs each of its statutory" functions.
Biden touts rule to curb credit card fees that Republicans will seek to block
Chopra told reporters Monday that the rule would affect credit card issuers with over 1 million open accounts, not issuers like small banks and credit unions.
Biden sets up health costs as campaign talking point
Biden said Friday that since the law was implemented in early 2022, 1 million Americans are protected from surprise bills each month.
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.”
Miller: Spotlight on the Fiscal Cliff of Student Loans
Outstanding student loan debt has surpassed $1 trillion, exceeding credit card debt for the first time. Student loan default rates are on the rise. The cost of college continues to increase.