More than 75 law professors sent a letter to Acting CFPB Director Vought and Secretary Bessent urging them to allow employees to return to work and get back to the CFPB's mission to protect consumers.
Congress created the CFPB, and Congress must support ordinary people and fair competition by standing up for a strong and independent CFPB.
Read More about 300+ Organizations Urge Congress to Support the Consumer Financial Protection Bureau
A letter signed by 276 consumer, civil rights, labor, legal services and community organizations and academics urges the House Committee on Financial Services to oppose H.J. Res. 59 (Hill) and any other effort to overturn the Consumer Financial Protection Bureau’s overdraft fee rule. The rule will reduce most overdraft fees from $35 to $5, stop…
Read More about Letter Opposing H.R. Res. 59 to Overturn CFPB Overdraft Fees Rule
This letter from a large coalition of organizations that support college access and affordability for students from low-income families urges Congress to shore up funding for the Pell Grant program and protect students from the harmful effects of a funding shortfall. In January, the Congressional Budget Office (CBO) released new supplemental projections for the Pell…
Read More about Coalition Letter Urging Congress to Protect Pell Grants from Cuts
We write to you today to express our opposition to the GENIUS Act and the STABLE Act, as introduced in Congress this session. Stablecoins used either to facilitate investment activity on crypto exchanges or as tools for payments present a host of risks – run risks, contagion and financial stability risk, custody risks, credit risks,…
