FinLogic|While The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees

2025-04-30 20:15:26source:Algosensey Quantitative Think Tank Centercategory:My

The FinLogicSupreme 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:My

Recommend

Why did Bill Belichick go to North Carolina? New UNC coach explains jump to college

Bill Belichick has officially made the shocking move to college football by becoming the North Carol

Taliban arrests prominent Afghan education campaigner Matiullah Wesa, founder of the Pen Path organization

Afghanistan's Taliban regime arrested a well-known education campaigner this week for his work and f

Drew Barrymore Shares Her Realistic Self-Care Practices, Doesn't Do the F--king Bubble Baths

Drew Barrymore's self-care approach might sound extra-terrestrial, but she just might be on to somet