Congressman Jeb Hensarling of Texas, whose campaign has received more than $8 million from the financial sector since 2010, has long endeavored to undercut the Consumer Financial Protection Bureau, an agency that regulates many of the businesses that keep Hensarling’s election campaigns flush with contributions. So it’s of little surprise that the lawmaker is thrilled at Education Secretary Betsy DeVos’ recent decision to stop working with the CFPB on student loans — even though the Bureau has returned hundreds of millions of dollars to screwed-over student borrowers. [More]
not surprising
Bank-Backed Congressman Praises Betsy DeVos For Cutting Ties With Consumer Protection Agency
By 10.16.17
Netflix Increasing Prices, Thinks Comcast-Time Warner Merger Is A Terrible Idea
By 4.21.14
This afternoon, Netflix released its latest earnings report, where the company told the world about its $53 million quarterly profit and impressive growth in subscriptions. That’s all very interesting, but not what we at Consumerist are interested in. We care about one other piece of information that Netflix mentioned: they plan to raise prices for the first time in years. [More]
