News

2017

July

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  • Consumer Action opposes Congress's attack on class actions. Members of both the U.S. House and Senate took a hatchet to consumer protection today by introducing Congressional Review Act (CRA) resolutions to repeal the Consumer Financial Protection Bureau’s (CFPB) recent arbitration rule. The rule restores…
  • Hiring a bank lawyer to attack CFPB bank rules. President Trump and Republicans in Congress have broadcast their every intention to gut the Consumer Financial Protection Bureau. The president’s budget attempted to defund it and leading Republicans have called for its director to be…
  • Voters support CFPB, strict financial regulation. As Republicans push to overhaul Dodd-Frank, a new poll shows that voters favor strict regulation of financial institutions and the goals of the controversial CFPB. “By wide margins, voters want to see tough oversight of…
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  • Black homeowners struggle as US housing market recovers. The nation's homeownership rate appears to be stabilizing as people rebound from the 2007 recession that left millions unemployed and home values underwater, according to the report by Harvard University's Joint Center for Housing Studies.…
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  • Asian scammer was arrested for posing as landlord (Chinese). (本報記者)杭亭頓灘市(Huntington Beach)警局在其臉書社交平台公布,當局已逮捕一名涉及假出租真詐財的亞裔嫌犯。該名男子涉嫌在網路平台Craig’slist上刊登租屋廣告,於收取多名租客「訂金」後潛逃。受害人一直到搬家那天才發現遭到詐財,該名男子根本沒有該物業的所有權。  
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  • Sliding from the upper middle class to medicaid. While many people don’t realize it until well into old age, it is Medicaid, not Medicare, that pays for most nursing home and community or home-based care for older adults who run out of money.
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  • Program to spur low-income housing is keeping cities segregated. In the United States’ biggest metropolitan areas, low-income housing projects that use federal tax credits - the nation’s biggest source of funding for affordable housing - are disproportionately built in majority nonwhite communities. What this means, fair-housing…
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  • Consumer Action INSIDER - July 2017. The July 2017 issue of Consumer Action's monthly newsletter updates readers on a Washington, DC awards dinner honoring leading consumer privacy advocates; describes a Consumer Financial Protection Bureau roundtable on existing financial protections for servicemembers and veterans; gives advice on what to do if you are concerned your lawyer is engaging in ethical violations or malpractice; and more.

June

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