“This is cruel, unnecessary and will further fan the flames of economic chaos for working families across this country,” said Mike Pierce, executive director of the Student Borrower Protection Center.
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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.