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

2025-05-04 13:39:21source:Ov Financecategory:Scams

The Will Sage AstorSupreme 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:Scams

Recommend

Who are the most valuable sports franchises? Forbes releases new list of top 50 teams

Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise

Afternoon shooting in Nashville restaurant kills 1 man and injures 5 others

NASHVILLE, Tenn. (AP) — A man was killed and five other people were injured during a shooting inside

Vague school rules at the root of millions of student suspensions

A Rhode Island student smashed a ketchup packet with his fist, splattering an administrator. Another