In its latest major action to lower prescription drug costs for seniors, the Biden administration today announced it will impose inflation penalties on 64 prescription medicines later this year under the Inflation Reduction Act – an effort that will save many of the 750,000 Medicare Part B patients who use these drugs as much as $4,593 per day. The

Today, grocery giant Kroger reported an astonishing $96 million increase in year-to-date stock buybacks and dividends to wealthy shareholders—a handout that comes as the store reports $947 million in Q1 2024 earnings, a $6 million decrease year-over-year. Today’s announcement comes as most Americans agree that corporate greed is a major cause of in

In a major setback for American consumers, tonight the right-tilted U.S. Fifth Circuit Court of Appeals once again blocked an order from Trump-appointed U.S. District Judge Mark Pittman to transfer the U.S. Chamber of Commerce’s lawsuit against the CFPB’s credit card late fee rule to the U.S. District Court for the District of Columbia where it bel

Despite mounting criticism of the right-tilted U.S. District Court for the Northern District of Texas complicity in industry judge shopping schemes, today a majority of judges on the court made matters far worse by approving “a rule that would stay for 21 days any decisions to transfer civil cases to courts outside of the jurisdiction of the Northe

Tomorrow, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra will deliver his semi-annual report before the Republican-led House Financial Services Committee. He is expected to highlight the agency’s work defending American families from shady financial practices by Wall Street, big banks, predatory lenders, and debt collectors.

CPI report revealed shelter costs remain high as corporate landlords continue to price-gouge renters

Today, Consumer Financial Protection Bureau Director Rohit Chopra addressed the Senate Banking Committee, renewing focus on the CFPB’s efforts to protect American families from shady financial actors (see video highlights below).

Following its launch of a major crackdown against abusive credit card industry junk fees that has already saved consumers billions of dollars, the Consumer Financial Protection Bureau (CFPB) is out with a historic new rule today eliminating burdensome medical bills from most credit reports – building on the agency’s success helping everyday

Supreme Court Offices of Ethics and Investigations Act is critical step toward accountability as ethics crisis at high court grows