
Consumer Federation of America
@ConsumerFed
Followers
8K
Following
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Media
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Statuses
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The Consumer Federation of America is an association of more than 250 nonprofit consumer organizations established to advance the consumer interest.
Washington, DC
Joined September 2009
The #Trump administration is not defending the #CFPB rule to remove #MedicalBills from #CreditReports. Are you one of the 15 million Americans impacted?.
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"This #tariff will likely raise the price of #beef, a staple food for many, on the heels of #Congress voting to reduce #FoodAssistance to the most vulnerable consumers," said Thomas Gremillion, director of food policy at the Consumer Federation of America.
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“The #ClicktoCancel Rule was a straightforward, common-sense approach that gave Americans the power to break up with their #subscriptions," said @ErinWitteCFA. The court's decision was "yet another handout to the #corporations. #FTC .
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The #CFPB has recouped $21 billion in relief for more than 205 million consumers since its inception, but @AdamRust9, of the Consumer Federation of America, questioned whether the CFPB would be able to fulfill its core functions in a “weakened state.”.
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A federal appeals court blocked the #FTC #ClickToCancel rule. More than 8 out of 10 voters say they support these rules. #States can adopt similar protections and update existing laws to include a simple #cancellation mechanism for #subscription services.
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“I think it’s time for regulators, the #insurance commissioners, and lawmakers to get serious about reforming the marketplace because right now, the insurance companies are in charge of this product that we basically have to buy.”.
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RT @ErinWitteCFA: Apparently hearing from 16,000 actual people about their subscription traps was NOT sufficient, because the corporations….
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While the bills purport to establish guardrails for #cryptocurrencies, they’re really about exempting them from many of the #regulations that apply to traditional #financial services, said Corey Frayer. @washingtonpost #Crypto .
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Ben Winters, 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.".
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"We want people to get the #credit that they need — but we don't want lenders to be flooding the market with credit beyond what's safe and reasonable for consumers." @AdamRust9 #BNPL.
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Whether with fireworks or on an off-highway vehicle, CFA reminds you to celebrate safely this #July4th Weekend.
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RT @NCLC4consumers: “Slashing vital programs that protect civil rights, consumer protections, health care & education for working families….
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"This so-called #BigBeautifulBill provides permanent tax breaks for #Billionaires while slashing #HealthCare, #FoodAssistance, and #Energy affordability programs for everyday Americans." @SusanKWeinstock .
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NEW REPORT: “Consumers expect the items we buy #online are safe, but this report reveals a digital wasteland, where dangerous and even illegal products are just a click away,” said @CGriffinCFA, Director of Consumer Product Safety.
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RT @AdamRust9: It doesn't square when the #CFPB gives a free pass to #NavyFederal for charging illegal #overdraft fees AND claims it cares….
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RT @AdamRust9: Once again, the new Trump-era #CFPB is siding with law breakers at consumers' expense. The #NavyFederal consent order called….
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Trump’s #BigBeautifulBill will cut funding for the #CFPB. “The lessons from the #FinancialCrisis have been forgotten.” the CFPB’s work is “the kind of thing a person may not know to appreciate until it’s too late.”.@AdamRust9.
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“They have literally stolen millions of dollars meant to compensate #servicemembers, their families, and employees of the Department of Defense.".@AdamRust9 #CFPB #NFCU.
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