The House Financial Service Committee approved the Financial CHOICE Act 2.0 today, signaling the first concrete move to roll back consumer protections and gut the Dodd-Frank Wall Street Reform and Consumer Protection Act. [More]
Rolling Back Protections
‘Financial CHOICE Act 2.0’ Rolling Back Consumer Protections Moves Forward
Education Secretary DeVos Withdraws Protections For Student Loan Borrowers
Relatively new federal guidelines intended to to make the student loan repayment process more accurate and transparent have all been rescinded today by Secretary of Education Betsy DeVos — a move that consumer advocates says removes accountability for debt collectors and loan servicers. [More]