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Showing the Latest Press Release Results
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CFPB Director Kraninger Just Gave Aide With Ties to Anti-LGBT Hate Group the Power to Give Businesses “Safe Harbor” from Equal Credit Opportunity Act
The so-called Compliance Assistance Sandbox (CAS) Policy appears to give Assistant Director Paul Watkins the authority to exempt businesses from liability for products and services that fall under certain consumer protection laws like the Equal Credit Opportunity Act, which prohibits lending discrimination.
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New Report: DeVos Abandons Student Loan Borrowers After Servicers Spend Millions on Lobbying and Politics
Student loan servicers flood D.C. with cash, and DeVos hobbles borrower protections rather than holding servicers accountable.
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Allied Progress Letter To Senate HELP Committee: Reject Eugene Scalia And His Irredeemable Anti-Worker Record
Scalia’s entire career as a corporate attorney has been dedicated to criticizing and litigating against the Labor Department’s mission to protect workers.
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GAO Blasts DeVos’ ED for Not Implementing Fix for Student Loan Repayment Program Benefitting Teachers and Other Public Servants
The report sharply criticizes Sec. Betsy DeVos’ Department of Education for not implementing a 2018 congressional “fix.”
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Eugene Scalia Spent Career Fighting Against the Labor Department’s Mission To Protect Workers’ Safety, Wages, Retirements, and Rights
President Trump is expected to nominate someone for the post who has stood against virtually every element of the DOL’s mission: corporate lawyer Eugene Scalia.
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Senate Must Reject Eugene Scalia For Labor Secretary
Trump’s nominee has a long history defending corporate America. He can’t be trusted to look out for American workers.
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Trump CFPB May Have Just Run Into Major Legal Roadblock Concerning Its Debt Collection Spam Plan
A federal appeals court rules that debt collectors cannot indirectly send legally required notices to consumers through hyperlinks in emails and text messages – which is exactly what the CFPB is trying to allow.
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Eugene Scalia’s Workplace Safety Record Too Dangerous for the Labor Department
Scalia fundamentally disagrees that one of the Labor Department’s most important responsibilities is enforcing the laws that protect the health and safety of the nation’s workers.
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Consumers Would Have Saved Over $6B a Year Starting Today, Then Trump Happened
In payback to Trump’s predatory lending donors, the CFPB delayed a rule protecting vulnerable communities from the payday loan debt trap.
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Trump-Appointed, Banker-Heavy FDIC Board Votes to Gut Volcker Rule
The Trump administration is rolling back the clock to let big banks get away with the same casino-like behavior with their customers’ money that led to the financial crisis ten years ago.