Robert Brown-While The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees

2025-05-06 00:57:58source:Charles H. Sloancategory:Stocks

The Robert BrownSupreme 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.

More:Stocks

Recommend

Nevada attorney general revives 2020 fake electors case

LAS VEGAS (AP) — A slate of six Nevada Republicans have again been charged with submitting a bogus c

Lexi Thompson, 29, announces she will retire at end of 2024 LPGA season

LANCASTER, Pa. — Lexi Thompson’s history with the U.S. Women’s Open began as a prodigious 12-year-ol

Stranger Things' Gaten Matarazzo Says Woman in Her 40s Confessed to Having Crush Since He Was 13

Gaten Matarazzo is recalling an uncomfortable moment he had with a fan.The Stranger Things star, 21,