
Republicans should start listening to their constituents, who can tell them what a junk fee is and explain why they need to support this critical agency's work.
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Republicans should start listening to their constituents, who can tell them what a junk fee is and explain why they need to support this critical agency's work.

OK. So it is not an end to late fees. The rule just lowers the maximum amount the credit card companies can charge...

if we're going to put a--you know, if we're going to be there and we're going to put ourselves on the field you have to fund a team

Democrats will reject Republican efforts to use the Congressional Review Act to eliminate this long-overdue rule, while Republicans refuse to stand up for consumers, including LGBTQ+ small business owners.

This is not a coincidence. It is a policy choice, one with dark consequences.

Thank you for the critical role that the CFPB plays in protecting consumers and holding bad actors accountable.

No surprise, the bank lobby is unhappy about this...

That is going to mean 22.8 million consumers will have at least one medical collection removed from their credit reports.

So each year credit card companies squeeze billions of dollars in fees out of American consumers...

we're not there the way that--when I talked to our allies and Africa in particular, talk to them, they said, you just--we want you to be our partners. You're not there.

But it is clear that the big banks are not interested in being reasonable under these circumstances.

I have joined my colleagues in signing the amicus brief supporting the CFPB against attacks that undermine the Bureau's ability to fight on behalf of families.

Make no mistake. These overdraft reforms and the $5.5 billion in savings would never have happened without the Consumer Financial Protection Bureau.

OK. So it is not an end to late fees. The rule just lowers the maximum amount the credit card companies can charge...

I believe we need Federal reparations to close the racial wealth gap once and for all.

So it is not an end to late fees. The rule just lowers the maximum amount the credit card companies can charge while getting automatic immunity from enforcement actions, and that dollar figure right now is proposed at $8.

I have joined my colleagues in signing the amicus brief supporting the CFPB against attacks that undermine the Bureau's ability to fight on behalf of families.

But in the aftermath of all of that, some of this is Monday morning quarterbacking...