The president’s older sons, Donald Trump Jr. and Eric Trump, spent the past two weeks traveling the world and announcing deals, many of which will financially benefit their father.
Category: Consumer Financial Protection Bureau
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New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff
Emails and testimonials from workers at the Consumer Financial Protection Bureau document the administration’s efforts to lay off 90 percent of the employees.
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The $5 Limit on Overdraft Fees May Soon Be Struck Down
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs.
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Court Scraps $8 Limit on Credit Card Late Fees
The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.
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Appeals Court Scales Back Freeze on Firing Consumer Bureau Employees
The order reversed some parts of an injunction a federal judge said was needed to prevent the Consumer Financial Protection Bureau from being illegally dismantled.
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House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
Lawmakers also struck down a rule giving the Consumer Financial Protection Bureau supervisory power over tech companies’ payments apps.
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Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
The Consumer Financial Protection Bureau wants to return a $105,000 penalty it collected last fall when it resolved a discrimination lawsuit.
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Left for Dead, the C.F.P.B. Inches Back to Life
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.
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Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.
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Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates.
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CFPB Drops Lawsuit Against Banks Over Zelle Scams
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
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How Consumers Can Protect Themselves With the CFPB on Pause
Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert says.