“I’m not sure what the administration could do that would be more effective on #affordability than holding some of these #financial institutions accountable,” said @erinwitte-cfa.bsky.social, director of consumer protection at the Consumer Federation of America. #CFPB

CFA warns that eliminating or weakening #DisparateImpact standards would make it nearly impossible to police discriminatory outcomes in #AI -driven underwriting systems. #CFPB #ECOA

Trump and Vought turn their backs on military families again. No surprise, but it just hurts every time the CFPB lets companies illegally bilk people who serve our country. Read more in this great blog by @consumerfed.bsky.social's Erin Witte #stopvought #savecfpb consumerfed.org/trumps-cfpb-...

Shuttering the #CFPB would be an unconstitutional usurpation of legislative power, dismantling an agency #Congress created to protect #consumers, the amici said. #Advocacy groups including CFA filed amicus briefs in support of the union’s case.

“The #CFPB’s proposal to dismantle the Equal Credit Opportunity Act runs counter to the values of the American public, the #financial institutions that serve them, and the clearly stated intentions of #Congress." @adamrust.bsky.social #ECOA

"Contaminated #InfantFormula puts the nation’s most vulnerable consumers at risk, and it is an indictment of our #FoodSafety system as a whole,” says Thomas Gremillion, director of Food Policy at the Consumer Federation of America.

“At a time when #homeowners are struggling to afford home #insurance premiums, the Trump administration has a bunch of policies that are all driving up insurance #costs,” said Michael DeLong, CFA’s research and advocacy associate

TOMORROW: CFA's @adamrust.bsky.social joins @thehill.com & The Bank Policy Institute for Modern Money: The Next Chapter in #Banking, Regulation & #Financial Trust

The result of sellers’ bias against #FHALoans is that even though the #FHA program was “designed to level the playing field, we found that many FHA buyers unfairly lose out when competing to buy a home.” @sjccorn.bsky.social

Two things about this EO are true: 1) it is a despicable, sloppy, and unacceptable act that reflects Trumps well documented affinity for his tech buddies 2) it does nothing by itself — CNN and the NYTimes get it BIG wrong here, giving Trump the headline he wants to scare states and create apathy

What is #DisparateImpact ? Hear Stephen Hayes of Relman Colfax PLLC explain #ECOA #CFAFSC

🚨 Will decades of fair lending law be gutted? Our panel explains the high stakes of the #CFPB ’s proposed changes to the Equal Credit Opportunity Act and discusses how it could undo years of civil rights protections. #CivilRights #ECOA #CFAFSC

“Just because the status quo isn’t working, doesn’t mean that #crypto is the solution” #GeniusAct #CFAFSC - Tonantzin Carmona, @brookings.edu

We were honored to have dismissed National Credit Union Administration ( #NCUA ) Board Member Tanya Otsuka join us for Day 2 of #CFAFSC

🪙 With the recent adoption of a federal #stablecoin law and more #crypto regulations on the horizon, what does this all mean for consumers? Hear our panel of experts dig into the future of these financial markets. #CryptoRegulation #CFAFSC

🏛️ With federal protections under attack, state & local consumer protection agencies are stepping up. Hear how they’re addressing rising complaints and the affordability crisis head-on. #ConsumerProtection #CFAFSC

What is #AI Drift ? Hear JB Branch of @publiccitizen.bsky.social explain #CFAFSC

🤖 Meet your new shopping assistant: #AgenticAI Hear our panel discuss what happens when #AI can make your purchases for you #Ecommerce #CFAFSC

🏠 Discover how CFA’s new report uncovers “ #MortgageDeserts ” across the country, & learn how we can fix financing gaps in rural & urban America #CFAFSC

📱#AI & #Insurance : Innovation or exploitation? Experts debate how #BigTech is transforming insurance markets #CFAFSC

Luncheon Address: Hear from @dcattorneygeneral.bsky.social AG Brian Schwalb on consumer protection priorities in the nation’s capital #CFAFSC

this is a choice from the companies - it's disgusting and should drive lawmakers to regulate them with new laws and enforce the existing laws to the greatest extent when people advocate for the moratorium or prioritize "innovation," they want more of this

The #CFPB is working to realign Section 1033. Hear @chichiwu.bsky.social of @nclc4consumers.bsky.social explain the benefit to consumers of the current 1033 rule.

In response to a petition from us and @consumerfed.bsky.social, the FTC is reopening the previously vacated Lina Khan-era Click to Cancel rule. This is a major step in ending subscription traps and saving consumers time and money.

💳 Who controls your personal financial data? Our panel dives into the #CFPB’s 1033 Rule and the future of #OpenBanking #CFAFSC

🕵️‍♀️ How do platforms like Facebook, X, and WhatsApp enable #Fraud ? Experts discuss the systems behind #scams and explore regulatory strategies to hold platforms accountable #OnlineFraud #CFAFSC

Start your day with the #FACTS. Monica Anderson of @pewresearch.org breaks down new data on #AI, online #scams, #DataPrivacy & e-commerce #CFAFSC

📢 CFA’s own susanweinstock.bsky.social kicks off our 2025 Financial Services Conference! #CFAFSC Follow along for highlights from our panels, experts, & actionable insights on #fintech, #fraud, #housing, and #FinancialData rights.

The report found that annual car #repossessions and loan default rates are at their highest since the years during and immediately after the #GreatRecession @erinwitte-cfa.bsky.social www.miamiherald.com/news/busines...

TODAY: Supreme Court hears Trump v. Slaughter #SCOTUS ICYMI: #FTC Commissioner Rebecca Kelly Slaughter joined CFA to discuss the importance of the case Listen Live Here: www.pbs.org/newshour/pol...

. #Stablecoin companies “enjoy the privileges of being a #bank without the responsibilities,” said @csfrayer.bsky.social, a former official at the #SEC focused on #crypto policy and a director at CFA, a consumer advocacy group. @nytimes.com

“The last thing we want is for #industry to be able to come in and insert their favorite folks on commissions,” said @erinwitte-cfa.bsky.social, “ #Congress designed these agencies to be independent for a reason. There’s a lot at stake.” #FTC #SCOTUS

“ #Food prices always hit people particularly hard because they see them every day," Thomas Gremillion, told Straight Arrow News. “The #tariffs, I think, had a pronounced effect." #Affordability

While the #climate -driven #insurance crisis is recent, the playbook of exclusionary insurance underwriting is nothing new. Find out more in our latest blog by @sjccorn.bsky.social & Monica Palmeira of The Greenlining Institute

"We applaud Senator Warren for her relentless work to help Americans save money. #OverdraftFees burden struggling households at times when they can least afford them." @adamrust.bsky.social #Affordability

Earlier this year, Trump's FTC delayed the Click to Cancel rule, which cleared the way for the Chamber of Commerce to kill it and keep Americans trapped in pricey subscription doom loops. Now, with @consumerfed.bsky.social, we're calling on the FTC to renew the rule.

NEXT WEEK: The Consumer Federation of America’s #Financial Services Conference will feature a panel, “ #Crypto Laws and Regulations: Leveling the Playing Field or Lowering the Bar? ” Register Here: consumerfed.org/events/finan...

“You’re delegating purchasing power to one #algorithm to interface with another,” said @benwinters.bsky.social. “You’re getting people signed up into these systems where they have no control.”

🗓️ CFA’s 38th annual Financial Services Conference is next week on Dec 10th &11th! Don't miss these timely conversations about how #BigTech's push into financial services is reshaping #privacy, #competition, and #ConsumerProtection policy. Register Now: consumerfed.org/events/finan...

"These workplace #paydaylenders seize on this opportunity, what they perceive as an opportunity, and create these loan products that can really exploit people's need to get paid faster.” @erinwitte-cfa.bsky.social www.fox13memphis.com/news/critics...

Watch @erinwitte-cfa.bsky.social, Director of Consumer Protection, testify before the Oregon State Legislature about the millions of dollars lost to #scams and #fraud and the severe underreporting of these numbers. #ConsumerProtection #FTC

my obligatory plug of my piece with @kara-williams.bsky.social on the critical policy implications of this and the desperate need to be more specific consumerfed.org/specific-ter...

“This underhanded attempt by the #CFPB to allow MoneyLion to continue violating the Military Lending Act is proof positive that Vought is bending over backwards for predatory lenders and making life unaffordable for military families.” @erinwitte-cfa.bsky.social consumerfed.org/press_releas...

“ #Consumers expect and deserve safe products. Regardless of where consumers are purchasing their products, whether that's brick and mortar or online, they deserve and expect that those products are all safe.” @courtneygriffin.bsky.social www.usatoday.com/story/money/...

“ #Congress should stand up against this disingenuous nomination,” @adamrust.bsky.social added. “It cannot continue to allow the Administration to ignore the Consumer Financial Protection Act and the #CFPB’s clear authority.”

What was the "Official #MAHA Summit" ? MAHA Action 501(c)(4) ? MAHA Holdings ? And what does it all mean for US #FoodPolicy ? Find out in our latest blog ⤵️

" #Consumers depend on the expertise of government #agencies to determine what will best serve consumers and the economy. The #EXPERTSAct will ensure that consumer protection regulations are promulgated based on facts, not the whims of politics.” @susanweinstock.bsky.social

At NCST's annual #Homeownership Policy Symposium, @sjccorn.bsky.social shared findings from CFA’s Penalized report, including that #Insurance companies charge the typical #homeowner almost $2,000 a year more, just for having a lower #CreditScore Report Here⤵️ consumerfed.org/reports/pena...

“Can we get back on track with efforts to help #consumers & #investors ? “ #crypto Hear @csfrayer.bsky.social on @jentaub.bsky.social LIVE Full video here: www.youtube.com/live/teCJ_I_...

The must informative AND entertaining breakdown of how evil genius CZ brought down SBF