NYC Mayor Zohran Mamdani's EO cracking down on subscription traps and junk fees is a massive win for New Yorkers. "With prices top of mind for so many, navigating the economy should not have to feel like a never-ending dance of evading scams and tricks." www.economicliberties.us/press-releas...

What I always hear: “We can’t afford to pay our workers more than $15 an hour.” What I never hear: “We can’t afford to pay our CEO millions of dollars a year.” Funny how that works.

The CFPB “settled” its case alleging that fintech lender MoneyLion violated the Military Lending Act by telling MoneyLion it can keep violating the Military Lending Act. I have thoughts ⤵️ indebt.substack.com/p/trumps-cfp...

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.

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...

Congress designed the FTC as an independent commission to resist political pressure. That’s not a bug—it’s a critical feature. SCOTUS must reject Trump’s illegal attempts to undo a century of law and protect the FTC. @consumerfed.bsky.social

Tell your state to end subscription traps (and check out our website!)

An estimated 1.73 million vehicles were repossessed last year, the most since 2009.

“It’s #customer disservice at this point,” said @erinwitte-cfa.bsky.social, director of consumer protection. For some #companies, bad service is by design. @marketplace.org

“The FCC is obligated by Congress & the American people, to reduce unwanted robocalls and telemarketing,” said Margot Saunders, senior attorney @nclc4consumers.bsky.social “This proposed rulemaking falls woefully short of that obligation." #EndRobocalls #ProtectConsumers www.nclc.org/fcc-proposal...

#California! Good news for car buyers. @governor.ca.gov just signed the Combating Auto Retail Scams Act, to make buying cars more affordable & less risky. Imagine having 3 days to return a used car for ANY reason, for a refund. Game changer! @consumerfed.bsky.social www.gov.ca.gov/2025/10/06/g...

TY @erinwitte-cfa.bsky.social @chuckbell.bsky.social @nationalconsumers.bsky.social @nclc4consumers.bsky.social @consumercal.bsky.social @consumerfed.bsky.social @weareunidosus.bsky.social @consumeradvocates.bsky.social for supporting passage of #SB766. @governor.ca.gov pls sign #SB766 into law

California is poised to save car buyers over $234 million and 8.5 million hours by making car dealers tell them the price up front. 🚗 KUDOS to @benallenca.bsky.social, @autosafety4all.bsky.social and @saalevine.bsky.social for getting this to @governor.ca.gov’s desk.

Buying a car should open doors for people, not send them into a debt spiral. Families are drowning in car debt, the FTC abandoned the CARS rule and the CFPB is pardoning predatory auto lenders. Check out our new report - Driven to Default. consumerfed.org/reports/driv...

Auto related #CFPB complaints are at an all-time high. So why is the #Trump CFPB proposing to reduce the number of supervised #AutoLenders by 90% ? New blog by @erinwitte-cfa.bsky.social

The first attempt by Vought’s CFPB to explain their decision to take $3 billion away from Americans and give it back to lawbreaking corporations is a pitiful one. Guess they are finally feeling the heat from the constant bad press. www.usnews.com/banking/arti...

And 14% said they are using buy-now-pay-later to pay for their groceries!

A federal court has blocked the #FTC #ClicktoCancel rule. Consumer advocates like @erinwitte-cfa.bsky.social say the policy was meant to prevent manipulative #cancellation processes. Full Video Here: youtu.be/bKJ6GQi4RFg

Top CEOs now make an average of 285x what workers make, according to a new report from the @aflcio.org. aflcio.org/paywatch

“The #ClicktoCancel Rule was a straightforward, common-sense approach that gave Americans the power to break up with their #subscriptions," said @erinwitte-cfa.bsky.social . The court's decision was "yet another handout to the #corporations. #FTC

There's a reason why you feel frustrated by buying airline tickets. “The airline industry is really the pioneer of some of the most ruthless and deceptive pricing practices. It’s not surprising that people feel really powerless and frustrated when they’re purchasing airline tickets.”

Apparently hearing from 16,000 actual people about their subscription traps was NOT sufficient, because the corporations who profit from subscription traps didn’t get enough chances to say how much they didn’t want to stop subscription trapping. Airtight American logic from the 8th Circuit.

Folks, Navy Federal Credit Union will no longer have to refund $80M to servicemembers illegally charged overdraft fees after the Trump Admin dismissed a case brought by the CFPB, under the Biden Admin, to protect military members. apnews.com/article/navy...

“These retreats are gifts to predatory lenders and would-be fraudsters,” said @erinwitte-cfa.bsky.social. “They are being told over and over that they can keep on doing what they are doing.” #CFPB @washingtonpost.com

A number of provisions have been thrown out of the Big Beautiful Bill because of violations of the Byrd rule. This includes pretty much all the Banking Committee provisions, including the defunding of the Consumer Financial Protection Bureau and the Office of Financial Research. All these are gone:

The correct way to connect the authoritarian presence in LA and the Big Beautiful Bill is that the bill gives the government the resources to do this in dozens of cities at once. So if you don't like what's happening in LA, it's coming to your town if the bill passes.

The DOGE-led attacks on the civil service have decimated FOIA offices, severely weakening a key tool that helps the public understand what the federal government is doing.

Most of the Walmart delivery drivers who had to jump through hoops just to get paid were moms with limited income. Maybe instead of a baby bonus, you could just sue the companies that are stealing wages from moms?

To fund tax cuts for billionaires they are slashing the funding for Wall Street cops to less than half it was when banks destroyed the global economy. Bookmark these roll call votes for when someone in your family gets ripped off. Or when the next financial crisis hits...

NEWS: There will be a hearing at 11:00 AM tomorrow on the mass firing at CFPB. CFPB leadership must present someone who knows why the reduction in force was undertaken, and internal documents must be filed, along with a list of everyone fired.

The mass firings at the #CFPB mean that the entire Office of Servicemember Affairs is now empty. Letting military families get targeted and ripped off by fraudsters is one hell of a legacy.

Real quick as I'm losing steam: dismantling CFPB puts consumers in a *worse* position than they were in 2008. The consumer protection laws were still being enforced by the Fed and other agencies, just not particularly well. Now the signal is they won't be enforced at all.

The sabotage of civil servants occurring at the #CFPB is proof positive that the administration is hellbent on violating the law and shirking their congressionally mandated duties. The layoffs (and the recent “memo”) are a blueprint for fraudsters about which laws to break.

Killing the #CFPB’s rules to rein in junk banking and credit card fees will cost families $15 BILLION per year. @consumerfed.bsky.social

For its twelfth corporate pardon, Trump’s #CFPB has absolved Comerica Bank for sabotaging its program to administer federal benefits payments to senior citizens, people with disabilities and unbanked people. What a disgrace.

Yesterday, the #CFPB emboldened notorious repeat offender MoneyGram by withdrawing from their enforcement action in New York. For over a decade, MoneyGram has had a rinse and repeat cycle of breaking the law, ignoring warnings and violating orders from the #CFPB, #FTC and #DOJ🧵

Yep. That Adobe, which is being sued by the FTC for its subscription traps and cancellation fees. Adobe compared its early termination fees to heroin because they brought in so much money. Zero people are surprised that Adobe wants to kill Click to Cancel. @saalevine.bsky.social

Trump's administration is abandoning fraud victims. While scammers find more ways to steal 💵, Trump is firing fraud police at #CFPB & #FTC. He's on a rampage to undo safeguards and pardon corporate criminals for cheating Americans out of billions @erinwitte-cfa.bsky.social @savecfpb.bsky.social

🚨Last year, fraudsters stole over $390 million from Americans via digital payment apps. That is a 200% increase from just a few years ago. 📈 We need a #CFPB that can keep up with innovative scammers and rein in big tech app providers. VOTE NO on SJ Res 28. @erie.bsky.social @savecfpb.bsky.social

The C.F.P.B has recovered more than $300 million in damages to military personnel and veterans. Now the Trump Administration is trying to shut it down. “The impact of shutting down the C.F.P.B. on our servicemembers—it’s huge,” a military spouse said.

To add to the dumpster fire: Rep. Laurel Lee and Senator Mike Lee are trying to keep Americans trapped in their subscriptions. People deserve CHOICES, not TRAPS. Even the Trump-led #FTC is defending Click to Cancel in court, and over 80% of voters support it! punchbowl.news/article/tech...

Where is the kill switch for #DOGE? Millions of dollars of refunds owed to victims of this scammy car dealer are being withheld while Trump tries to kill the #CFPB and get Tesla commissions in the White House driveway. @moreperfectunion.bsky.social

This.

Yesterday, Trump tried to fire two of our nation's top fraud police: Federal Trade Commissioners Alvaro Bedoya and Rebecca Slaughter. These chronic efforts to dismantle agencies that give Americans and small businesses economic dignity and freedom are appalling.

Well. Four years of guidance for businesses about how to comply with #FTC law is now missing from the Federal Trade Commission’s website.

We’re on Capitol Hill this week speaking to lawmakers about the importance of the #CFPB and its mission to #ProtectConsumers. Who can we count on to stand up and #DefendCFPB? #HandsOffCFPB #CAW2025

The stakes are just too high.

Tomorrow, Senators are voting on whether to kill the CFPB’s rule regulating big tech’s foray into finances. Vote NO on SJ Res 28.

Trump’s #CFPB and Acting Director Vought are neglecting military and veteran families who have been scammed and cheated, even though Congress requires the CFPB to help them. This is a slap in the face for folks who put their lives on the line for our country. Absolutely disgraceful.

Another Trump-led corporate pardon today, this time for @TransUnion and its executive John Danaher for deciding to violate a 2017 CFPB Order after calculating that complying would hurt their revenue. 📸 2017 Order is on the left, 2022 complaint is on the right.