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The Trump Admin announced plans to begin subjecting millions of Americans in default to mandatory collections, including wage garnishment, tax refund and Social Security benefit offsets.
Court proceedings reveal DOGE member Gavin Kliger berated workers through all-nighter in mad rush to gut the consumer watchdog.
Attempted staff purge at the Consumer Financial Protection Bureau follows Trump’s sweeping midnight pullback of supervision and enforcement; experts project surge in financial fraud.
Advisory for Wednesday, April 23.
What Trump’s CFPB has and hasn’t done in the first two months of Russell Vought’s control of the Bureau. Vought has so far illegally fired staff, halted the Bureau’s critical work, and pardoned corporate lawmakers.
Read the latest Protect Borrowers press release.
SBPC released the results of a months-long investigation into the tech company Prehired, exposing how the firm had resumed its scheme to push worthless credentials on students, paid for via its own predatory private student lending operation.
With the CFPB shuttered, advocates call on state regulators and Attorneys General to protect students and borrowers from the repeat offender.