Fireworks over DC

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We win favorable settlement in our lawsuit over Trump CFPB's illegal "Task Farce"

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Ed Mierzwinski
Senior Director, Federal Consumer Program

This week, we favorably settled our lawsuit over the Trump CFPB's creation of an illegal "TaskForce on Federal Consumer Financial Law." We called it a dangerous "Task Farce" from the get-go. We're happy that the Biden CFPB has returned the Consumer Bureau to its one job: protecting consumers. Cue fireworks! 

Cover photo of "DC Fireworks" by Stan Mouser via Flickr. Some Rights Reserved. 

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Fireworks over DC
 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

This week, we favorably settled our lawsuit over the Trump CFPB's creation of an illegal "TaskForce on Federal Consumer Financial Law." We called it a dangerous "Task Farce" from the get-go. We're happy that the Biden CFPB has returned the Consumer Bureau to its one job: protecting consumers. Cue fireworks! 

Cover photo of "DC Fireworks" by Stan Mouser via Flickr. Some Rights Reserved. 

Old CFPB home page 2011
 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

The CFPB has asked BigTech giants including Amazon, Apple, Facebook, Google, PayPal, and Square to answer questions about their payment system practices. The CFPB has also asked consumers, small businesses and others for comments (including complaints), which are due on December 6. Learn more.

Graphic from the Internet Archive Wayback Machine's first crawl of the new CFPB's new website, February 8, 2011.

 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

Exploding airbag that sends shrapnel into passengers? Pickup truck that catches fire for no reason? These are just a few of the safety recalls that could endanger you or your family if unrepaired. Under federal law, you can’t buy a new car with an unrepaired or “open” safety recall, but thanks to FTC consent orders with GM and some mega-car dealers, you can buy a used car with open safety recalls. So we sued the FTC in 2017. We're still in court. Learn more.

Photo credit: Shutterstock photo by Anastasiya Aleksandrenko. 

 | by
Ed Mierzwinski
Senior Director, Federal Consumer Program

Today, the Task Force on Financial Technology of the House Financial Services Committee holds a hearing titled “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products.” Learn more.

Image of hand and smartphone "Sezzle" courtesy The Focal Project via Flickr, some rights reserved.