ConsumerAffairs

Consumer groups oppose CFPB plan to scale back supervision

Critics say reduced supervision favors lawbreakers and risks another financial crisis A coalition of 31 consumer advocacy groups is urging the Consumer Financial Protection Bureau (CFPB) not to roll ...
HousingWire

Mortgage trade groups back CFPB plan to revise ECOA. Consumer groups push back

Mortgage trade groups are supporting the CFPB’s proposal to limit ECOA disparate impact liability, while consumer groups express concern.
American Banker

Banks, consumer groups push back against stablecoin yield

Key insight: Banks want regulators to prohibit any economic benefit to stablecoin holders, while crypto companies argue that a flexible approach would benefit consumers. Supporting data: Bank groups ...
FedScoop

CFPB urged by consumer groups to take action on banks’ use of algorithms

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images) Two of the ...
ConsumerAffairs

Consumer and health advocates respond to Trump’s drug price demands

President renews calls for pharmaceutical industry to “cut prices now” Consumer groups demand federal enforcement, not just rhetoric Health organizations warn against political grandstanding without ...
American Banker

Consumer groups urge FHFA not to mix crypto with mortgages

Two consumer groups are urging Federal Housing Finance Agency Director William J. Pulte to abandon his directive that Fannie Mae and Freddie Mac explore counting cryptocurrency holdings as reserves in ...
Consumer Reports

Consumers Groups Welcome FCC Action on Network Neutrality

WASHINGTON – Consumers Union (CU) and Consumer Federation of America (CFA) today welcomed the Federal Communications Commission (FCC)’s announcement that it is moving forward on rules to prohibit ...
HousingWire

Energy, consumer groups laud new federal efficiency standards for housing

A coalition of energy- and consumer-focused trade groups lauded the release of new energy-efficiency standards for the construction of new single-family and multifamily homes, which were announced ...
TechCrunch

European consumer groups band together to fight Meta’s self-serving ad-free sub — branding it ‘unfair’ and ‘illegal’

Days after a privacy complaint was lodged against Meta in the European Union over its latest controversial shift of legal basis claimed for processing people’s data for ads, consumer groups across the ...
Los Angeles Times

Insurers won’t be forced to offer home coverage after measure dropped

This is read by an automated voice. Please report any issues or inconsistencies here. Consumer Watchdog withdrew its ballot initiative that would have required California insurers to offer coverage to ...
Digital Journal

EU consumer groups slam ‘manipulative’ video game spending tactics

Europe's BEUC umbrella consumer rights group filed a complaint with the European Commission - Copyright AFP/File Ralf Hirschberger Europe's BEUC umbrella consumer ...