Current:Home > FinanceWhile The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees-VaTradeCoin
While The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees
View Date:2025-01-08 15:56:19
The Supreme Court is weighing whether or not the Consumer Financial Protection Bureau is constitutional based on how it receives its funding.
Last fall a panel of three Trump appointees on the Fifth Circuit Court of Appeals outlined that if funding for a federal agency like the CFPB is not appropriated annually by Congress, then everything that agency does is deemed unconstitutional.
While the agency's fate is in limbo, its latest initiative is aimed at cracking down on junk fees that can cost Americans a lot of money.
We speak with CFPB's director, Rohit Chopra, on how unnecessary fees impact everyday people.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
Email us at [email protected].
This episode was produced by Lauren Hodges and Brianna Scott. It was edited by William Troop. Our executive producer is Sami Yenigun.
veryGood! (6792)
Related
- John Krasinski is People's Sexiest Man Alive. What that says about us.
- Eric Decker Strips Down in Support of Wife Jessie James Decker’s Latest Venture
- Woman gets 15 years to life in deaths of boyfriend, friend after 100 mph car crash into brick wall
- Denmark and Netherlands pledge to give F-16 fighter jets to Ukraine as Zelenskyy visits
- Missouri prosecutor says he won’t charge Nelly after an August drug arrest
- Nevada assemblywoman announces congressional bid in swing district
- 10 damaged homes remain uninhabitable, a week after Pennsylvania explosion that killed 6
- What is BRICS? Group of world leaders that considered making a new currency meet to discuss economy
- Today’s Savannah Guthrie, Al Roker and More React to Craig Melvin Replacing Hoda Kotb as Co-Anchor
- Mother recounts desperate effort to save son killed in Maui fires before 15th birthday: Threw myself on the floor
Ranking
- Week 10 fantasy football rankings: PPR, half-PPR and standard leagues
- Worker gets almost 3 years in prison for stealing $1M from employer
- Arkansas education secretary says state to review districts’ AP African American Studies materials
- Zelenskyy thanks Denmark for pledging to send F-16s for use against Russia’s invading forces
- Darren Criss on why playing a robot in 'Maybe Happy Ending' makes him want to cry
- Suspect who killed store owner had ripped down Pride flag and shouted homophobic slurs, sheriff says
- 2 teens arrested, 2 sought in a drive-by shooting that mistakenly killed a 5-year-old girl
- How Trump’s attacks on prosecutors build on history of using racist language and stereotypes
Recommendation
-
QTM Community Introduce
-
Only one new car in the U.S. now sells for under $20,000
-
Amazon Shoppers Swear This $8 Spray Is the Secret to Long, Damage-Free Hair
-
Photos of flooded Dodger Stadium go viral after Tropical Storm Hilary hits Los Angeles
-
Vegas Sphere reports revenue decline despite hosting UFC 306, Eagles residency
-
Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference
-
Tony Stewart driver killed in interstate wreck; NASCAR legend cites 'road rage'
-
John Cena returning to WWE in September, will be at Superstar Spectacle show in India