February 24, 2025 Media Availability: Former Heads of CFPB Enforcement and Supervision, Former CFPB Student Loan Ombudsman Available to Highlight Ongoing Risks to Consumers As CFPB Shutdown Enters Fourth Week After speaking out on CBS News’ 60 Minutes, the former heads of the CFPB enforcement and supervision divisions, along with the CFPB’s former student loan ombudsman, are available to discuss why it’s urgent for the agency to be able to get back to work protecting consumers from financial fraud and... Learn More
February 24, 2025 As CFPB Faces Existential Threat, Advocates Release State-by-State Fact Sheets on Agency’s Impact Fact sheets shed light on the millions of consumers who have called on the watchdog for help and benefited from its work to rein in predatory and abusive financial institutions. Learn More
February 20, 2025 Cross-Post: Advocates Applaud Introduction of New Bill to Increase Transparency on Institutional Debt Crisis and Protect Students A new Assembly bill, known as the Increasing Institutional Debt Transparency and Protecting Students Act, AB 850 addresses debts students owe directly to their college or university, so-called “institutional debt.” Learn More
February 20, 2025 Trump and Vought Desert Consumers and Working Families Amid Violations by Predatory Financial Companies Consumer Federation of America and Student Borrower Protection Center detail 38 enforcement actions abandoned by CFPB leadership. Learn More
February 19, 2025 Media Availability: As CFPB Shutdown Enters Third Week, Former Top CFPB Officials Say It’s Time to Let the Agency Get Back to Work Protecting Consumers Former top officials from the CFPB are available for media interviews to discuss why it’s urgent for the agency to be able to get back to work protecting consumers from financial fraud and crimes. Learn More
February 14, 2025 Trump, Vought, and Musk Team Up to Abandon Students and Borrowers, Illegally Fire Top Student Loan Industry Watchdog By eliminating the CFPB Student Loan Ombudsman, the President is making clear his crusade to “delete” the CFPB is a gift to corporations and a betrayal of working families. Learn More
February 14, 2025 Advocates Applaud Lawsuits Challenging Trump and Vought’s Corrupt and Unlawful Attempt to “Delete” Consumer Watchdog Agency, CFPB Consumer Federation of America and Student Borrower Protection Center detail 87 congressionally imposed mandates Director Vought is refusing to perform. Learn More
February 13, 2025 SBPC Urges Senate to Reject Linda McMahon’s Nomination for Secretary of Education Advocates sound alarms that Linda Mcmahon will act as “rubber stamp” for Trump’s Project 2025 agenda. Learn More
February 11, 2025 NEW POLL: Overwhelming, Bipartisan Majority Reject Cuts to the Student Loan Safety Net and Financial Aid Students and Families Rely On Voters across party lines, age groups, gender, race, and educational status oppose efforts to pay for tax cuts for billionaires and big corporations on the backs of students and working families with student debt. Learn More
February 4, 2025 New Poll Confirms: Trump’s Plan to Abolish Department of Education is Extremely Unpopular Among Voters Poll comes as Trump continues unconstitutional authoritarian takeover of federal agencies and prepares to take excecutive action to dismantle U.S. Department of Education. Learn More