SCOTUS Decision Sets Promising Path for CFPB’s Future

May 16, 2024  For Immediate Release: SCOTUS Decision Sets Promising Path for CFPB’s Future  WASHINGTON, D.C.  – Today, the U.S. Supreme Court in CFPB v. CFSA held that the Consumer…

Labor Department’s Final Retirement Security Rules Will Help Protect the Savings of All Americans From Adviser Conflicts of Interest

FOR IMMEDIATE RELEASE April 23, 2024 LABOR DEPARTMENT’S FINAL RETIREMENT SECURITY RULES WILL HELP PROTECT THE SAVINGS OF ALL AMERICANS FROM ADVISER CONFLICTS OF INTEREST April 23, 2024, Washington, D.C.…

The Worst of the Fine Print Traps in Everyday Terms and Conditions  

April 2, 2024  For Immediate Release: The Worst of the Fine Print Traps in Everyday Terms and Conditions   WASHINGTON, D.C. – The National Association of Consumer Advocates (NACA) released a…

Superb Rule on Credit Card Late Fees Expected to Save Consumers $10 Billion Annually

March 5, 2024 For Immediate Release: Superb Rule on Credit Card Late Fees Expected to Save Consumers $10 Billion Annually WASHINGTON, D.C. – The Consumer Financial Protection Bureau today issued…

NEW INVESTOR ADVOCACY COALITION CALLS ON SEC, CONGRESS TO FIX RIA FORCED ARBITRATION PROBLEMS

Formation of Investor Advocacy Coalition Follows Increasing Complaints from Wronged Investors, Scathing SEC OIA Report That Found RIAs in ‘Violation of the Fiduciary Duty’; Groups Calling for Reforms to Industry-Favored…

CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees

January 17, 2024 For Immediate Release: CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau proposed a rule that…

Coalition Applauds Congressional Efforts to Restore Consumer Rights

December 14, 2023 Coalition Applauds Congressional Efforts to Restore Consumer Rights  Letter Supports CFPB Rulemaking Reining in Big Banks’ Abuse of Forced Arbitration WASHINGTON – Today, a coalition of consumer…

Consumer Advocates Applaud FTC for Moving Ahead with CARS Rule

December 12, 2023 WASHINGTON – Today, the Federal Trade Commission (FTC) announced its final rule targeting deceptive conduct in the sale and financing of motor vehicles, titled the “Combatting Auto Retail Scams”…

Future of U.S. Financial Regulation Hinges on Supreme Court Case

For Immediate Release October 3, 2023 Future of U.S. Financial Regulation Hinges on Supreme Court Case Today, the U.S. Supreme Court heard oral arguments in CFPB v. Community Financial Services Association…