Must-read comment from @bettermarkets.bsky.social highlighting how disastrous rolling back CFPB supervision of non-bank auto lenders would be: Consumers submitted complaints about 870 nonbank, non-captive lenders but only 0.5% of them or less would be subject to CFPB supervision under the proposal.

Even banks agree that massively scaling back the CFPB's oversight over major nonbank auto lenders, debt collectors, credit reporting agencies, and international money transfer services is a bad idea. Read the comment submitted on behalf of consumer groups to the CFPB here: tinyurl.com/4s6ydx7k

New from our blog: from AI chatbots to a "mistake" by Tesla, here are 5 recent cases demonstrating why we need Congress to pass the #FAIRAct and restore access to justice for consumers.

One of the biggest lies spread by corporations is that consumers and workers voluntarily agree to #ForcedArbitration. Most people don’t know a forced arbitration clause is part of their contract, and the contract is typically "take-it-or-leave-it." #FinePrintTraps #FairAct #ProtectConsumers

New CRL Report “Escalating Debt: The Real Impact of Payday Loan Apps Sold as Earned Wage Advances (EWA)” Data show apps multiply costs and financial insecurity for borrowers – puncturing industry claims #StopTheDebtTrap #ConsumerProtection #DebtTrap https://loom.ly/XzG2Q6k

There’s no judge & there’s no jury. Through forced arbitration, employers & corporations have created a private system of justice where the constitutionally created protections of our legal system don't apply. That’s why consumers, workers, and small biz need the #FAIRAct

As attacks on the CFPB continue, the message being sent to victims of fraud could not be more clear: you are on your own. If members of Congress actually care about protecting their constituents, they should be calling to restore the CFPB's funding and workforce.

⚖️Through forced arbitration, employers & corporations have created a private system of justice where the constitutionally created protections of our legal system don't apply. That’s why consumers, workers, and small biz need the #FAIRAct @consumeradvocates.bsky.social

A welcome move by the FTC to rein in Ticketmaster and Live Nation, who have attempted to use forced arbitration to keep consumer class actions against it out of court.

From his experience as a litigator @blumenthal.senate.gov knows that forced arbitration is "un-American." Thank you to Senator Blumenthal for reintroducing the #FAIRAct to #EndForcedArbitration and restore harmed consumers' and workers' freedom to go before a judge and jury.

WATCH @hankjohnson.house.gov on why we need the #FAIRAct to #EndForcedArbitration: "You can't get a cellphone, or a credit card, or even a job nowadays unless you sign away your right to a jury trial because that's what every corporation is requiring."

Character.AI, ChatGPT, and other AI products have a dirty secret in their fine print: forced arbitration. With AI skyrocketing in popularity and few guardrails in place, victims and their families are finding they can’t bring their claims to court. #EndForcedArbitration. Pass the #FAIRAct

Over half of workers are subject to a forced arbitration clause. That means over half of workers have had their right to choose to go to court stripped away. It’s time to #EndForcedArbitration and restore workers’ access to justice. www.nelp.org/insights-res...

A reminder this Constitution Day: the right to be heard by a judge and jury is enshrined in the 7th Amendment. But corporate forced arbitration clauses to strip us of that right. We need Congress to pass the #FAIRAct and #EndForcedArbitration to restore our ability to access justice in the courts.

You shouldn’t have to give up your rights just because you checked a box. But that’s what happens when you use a product or service with a forced arbitration clause in the fine print. That’s why we need the #FAIRAct to #EndForcedArbitration

The #FAIRAct will end corporations’ use of forced arbitration and give cheated consumers, workers, and small-business owners their day in court. #ProtectConsumers #FinePrintTraps www.nclc.org/sen-blumenth...

Big companies like Ticketmaster will do anything to avoid accountability. That includes using forced arbitration clauses, banning class actions, and changing the arbitration rules to their advantage. Consumers need the #FAIRAct #EndForcedArbitration www.levernews.com/ticketmaster...

The #FAIRAct would make sure arbitration is chosen, not forced. Consumers and workers should have the freedom to be heard when & where they want to be heard. #EndForcedArbitration #ProtectConsumers

Thank you @hankjohnson.house.gov and @blumenthal.senate.gov for re-introducing the #FAIRAct and continuing to stand with consumers, workers, and small businesses. Ending forced arbitration and restoring everyone’s freedom to choose where to bring claims is a more important mission than ever.

Before you enroll in a rent reporting service, consider the negative consequences or the worst-case scenario, like a job loss, said @chichiwu.bsky.social at NCLC. #ProtectConsumers via @cnbc.com www.cnbc.com/2025/09/15/u...

Public Citizen worked with ProPublica to publish this story on Florida's unfair arbitration process: www.propublica.org/article/citi...

"As of July 21, judges sided with Citizens in more than 90% of cases...In circuit court trials, Citizens has won about 55% of the time over the past five years" #EndForcedArbitration

As it turns out, the Consumer Financial Protection Bureau was actually doing important work, including tackling debanking! You can't attack and defund an agency and not expect serious consequences for consumers.

Ticketmaster has changed its forced arbitration clause yet again after the Ninth Circuit struck down its previous arbitration clause as unenforceable. This Kafka-esque nightmare for consumers won't end until we #EndForcedArbitration

Not only do BNPL services lack consumer protections, most of them also use forced arbitration clauses. So when something does go wrong, users can't exercise their right to go to court either.

The message couldn't be more clear to corporate bad actors: there are no more consequences for ripping off consumer.

As the financial services landscape has dramatically expanded over the past few years, more and more Americans use non-bank financial companies and services. Pulling back from supervising these companies leaves millions of consumers and their money at risk.

Hugely disappointing and dangerous decision from the D.C. Circuit Court earlier today. Dismantling the CFPB puts millions of consumers at risk, including servicemembers, seniors, students, and other vulnerable members of our communities. #ProtectConsumers

The AG's suit over Zelle fraud comes shortly after the CFPB dismissed a similar suit in March. This is an example of how states should be stepping up consumer protection action as the CFPB retreats.

Seniors and their families are being stripped of their right to go before a judge a jury by the fine print in assisted living and nursing home contracts. We need to #EndForcedArbitration now to restore access to justice.

"The complaint system has also lessened the burden on congressional offices, which can route constituent problems to an agency dedicated to, and expert in, addressing consumer issues. Yet that hasn’t stopped Republicans from pursuing dramatic cuts to the agency."

“'We as consumers are quite vulnerable right now,' says Christine Hines, senior policy director at the National Association of Consumer Advocates. 'We all need to be much more diligent about the products and services that we sign up for.'"

The CFPB was set to return $360 million to consumers harmed by lenders, student loan servicers, money transfer companies, and more. But now those consumers may never see a dime.

Today is the CFPB's 14th birthday! From regulating financial products to advocating against predatory practices, the CFPB has helped millions of Americans and returned billions to them since 2011. That fact makes the ongoing attacks on the Bureau that much more egregious.

"Ordinary people are more at the mercy of the companies they do business with, said Christine Hines, senior policy director at the National Association of Consumer Advocates...'Consumers generally are in a very precarious place because some of these fundamental protections have been removed.'"

The CFPB has said the agency is pivoting from other enforcement to focus on protecting servicemembers, veterans, and their families. Yet, actions like dropping an action against Navy Federal Credit Union with no explanation and kneecapping the Office of Servicemember Affairs undercuts that claim.

“Banks aren’t paying hundreds of millions out of generosity. They’re paying because they broke the law.” That’s what happens when the CFPB does its job. And now Congressional Republicans want to slash its funding? 🗣️: @velazquez.house.gov

The Trump administration and Russ Vought are "reverse-engineering" CFPB settlements, including one that would have forced Navy Federal Credit Union to return $80 million to veterans and Navy servicemen/women, and $48 million to harmed Toyota customers. apnews.com/article/cfpb...

The House Financial Services Subcommittee is pushing to undo critical protections in Dodd Frank, and is currently discussing DOZENS of bad bills that play fast & loose with consumer protections & the stability of our financial system. Do they *want* another financial crisis? buff.ly/nmXw3eC

CFPB employees have been barred from working for nearly six months, enforcement actions are being dropped left and right without explanation, the budget has been slashed in half... And Congress is still considering more bills to attack the CFPB. This assault must end! #HandsOffCFPB

Today, the House Financial Services Committee is once again holding a hearing discussing DOZENS of bad bills aimed at gutting the CFPB. Earlier this year, we took a closer look at some of those bills on our blog and the enormous harm they could wind up inflicting. #HandsOffCFPB

CFPB employees have been blocked from working, but that doesn't mean there was no work to be done. Consumer complaints have been soaring and no one is addressing them. The situation is only going to get worse for consumers as attacks on the CFPB and consumer protection continue.

Millions of people recently saw their credit scores drop into “subprime” borrower status. Why? The Trump administration starting reporting student loan delinquencies to credit bureaus, writes @chichiwu.bsky.social in @chicagotribune.com www.chicagotribune.com/2025/07/03/o...

Servicemembers risk their lives to protect us. They deserve a strong CFPB that protects them from scams, fraud, and other predatory conduct.

. @benwinters.bsky.social, director of #AI and #DataPrivacy at the Consumer Federation of America, said #Congress could take up the idea of pre-empting state laws again in separate legislation. "Fundamentally, it's just a bad idea." www.cnet.com/tech/service...

Need a quick read with some good news? Take a minute to virtually meet three more of our NACA Summer Fellows: www.linkedin.com/feed/update/...

A great reminder that the CFPB was created in the aftermath of the 2008 financial crisis after millions lost their jobs and savings.

#WATCH: Ranking Member Waters' opening statement at today's Subcommittee on Oversight & Investigations hearing: "For consumers who broadly support having a strong Federal watchdog protecting them from financial rip offs, this Republican-led Congress is not providing it." | tinyurl.com/yc847afk

Under CFPB Director Chopra, the agency’s work saved consumers $1 billion each year from overdraft charges alone. 79% of voters approve of the CFPB's mission & work. It is because of the efficacy of Chopra's work at the CFPB that the billionaires are now gunning for its demise.

This summer, a dozen law students are working with NACA members to learn about practicing consumer law. We're introducing them on our LinkedIn page and would like you to meet our first two Fellows: www.linkedin.com/feed/update/...