Sen. Warren Claims Trump's CFPB Overhaul Cost Consumers $26.5 Billion
Senator Elizabeth Warren claims that changes to the Consumer Financial Protection Bureau under the Trump administration have cost Americans up to $26.5 billion, primarily due to rolled-back limits on credit card and overdraft fees. The report highlights concerns over reduced enforcement actions and abandoned settlements, as acting director Russell Vought faces Senate oversight.
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Topics: CFPB reforms Consumer Financial Protection Bureau credit card fees Elizabeth Warren overdraft charges Trump administration