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Posts by Consumer Federation of America

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"As Americans lose more and more money to online #Scams, #Meta has consistently chosen to prioritize profit over the safety of their users," @benwinters.bsky.social, Director of AI and Data Privacy at CFA

Full Story Here: www.cbsnews.com/news/meta-la...

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Use blinds and shades to regulate the temperature in your rooms & turn off lights when you leave a room and unplug unused electronics.

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Adjusting thermostats. In the winter, set your thermostat to 68-70°F while at home during the day and lower it by 8-10°F when you leave or sleep. In the summer, flip your controls: let your home warm up when you are out and lower the temperature when you are home.

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On this #EarthDay, consider these very small steps you can take to reduce your #Energy costs. Save money and save the planet!

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“Rampant, inexcusable harm”: Meta Faces Lawsuit Exposing Deliberate Profiteering From Scam Advertising — Tech Justice Law Tech Justice Law and Tycko & Zavareei File Class Action Suit on Behalf of Consumer Federation of America and Washington D.C. Consumers Against Meta for Deceiving Users About Scam Advertising on Facebo...

🚨 LAWSUIT: Today, Tech Justice Law and Tycko & Zavareei filed a class action lawsuit against Meta on behalf of @consumerfed.bsky.social and Washington D.C. consumers. It’s time to hold Meta accountable for deceiving Meta users about pervasive scam advertising, all while knowingly profiting from it.

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The nonprofit Consumer Federation of America filed a lawsuit against #Meta, alleging that the way the social networking giant handles #scammers on its platforms violates Washington, DC’s consumer protection laws.

Full story here: www.wired.com/story/meta-i...

@wired.com @benwinters.bsky.social

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NEW: we @consumerfed.bsky.social are suing Meta in DC for knowingly facilitating massive scam losses through ads and misleading consumers about what they're doing to stop it

www.wired.com/story/meta-i...

thanks to @tyckozavareei.bsky.social @techjusticelaw.bsky.social for repping us.

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Fraudulent #insurance claims filed without verification show that database vulnerabilities could impact premiums
@investigatetv.com

Full story here: www.investigatetv.com/2026/04/18/d...

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Commission changes haven’t killed deals, but ‘worrisome trends’ loom A new CFA report found that homebuyers haven’t been deterred by agent fees, but affordability remains a problem, and “pocket listings” are an emerging threat.

The organizations argued that the rise in #PocketListings is a growing risk to first-time, low-income and Black #homebuyers that “cannot be ignored.” @naturbanleague.bsky.social @sjccorn.bsky.social

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Consumer Groups Oppose Attacks on CFPB Complaint Database · Consumer Federation of America Consumer Federation of America and Consumer Action issued a joint Statement for the Record before U.S. House Financial Services Committee Subcommittee on Financial Institutions.

The #CFPB Complaint Database is an essential tool. Efforts to eliminate it run counter to #Congress ’s expressed objectives and to the needs of all consumers of financial services. #DefendCFPB
@consumeraction.bsky.social

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Escalating Housing Costs, Hidden Listings · Consumer Federation of America A new report from the Consumer Federation of America (CFA), in collaboration with the National Urban League (NUL) examines the aftermath of the 2024 National Association of Realtors settlement. the re...

Realtor commision rules changed over one year ago -- but what changed for first-time homebuyers? Read about stable commisions, the rise of #pocketlistings, and other top #housing challenges in our new @consumerfed.bsky.social report with the National Urban League. consumerfed.org/reports/esca...

6 days ago 1 1 0 0
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The Privacy Tax · Consumer Federation of America This report illustrates the deceptive practices by prominent tax preparation companies, the privacy violations they commit, and the growing threat of tax-time scams from fraudsters impersonating the I...

#TaxDay is stressful enough, without worrying about being upsold, misled, or having your #data used in ways you’d never imagine,” CFA Director of AI & Privacy @benwinters.bsky.social

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Speak Up, Texas Texans can share auto and home insurance ideas.

Insurance companies use your #CreditScore to unfairly charge you higher #AutoInsurance premiums, even if you have a perfect driving record.

Tell the #Texas Department of #Insurance to:
"Ban The Use of Credit Scores in Auto Insurance"
👇

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New Labor Department Rule is Trump’s Latest Favor to the Crypto Industry The U.S. Department of Labor has proposed a rule designed to make...

“The policies are all bent towards either serving industry or, worse, benefiting companies that Trump and his family have enormous financial interest in.” @csfrayer.bsky.social, director of investor protection at CFA.

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Private Equity is Gobbling Up Subsidized Housing Loans: Consumers and Workers Beware · Consumer Federation of America Cracks are showing in the world of private credit, as investors are anxious to withdraw their investments from private credit funds amid higher default rates and write downs. Once an esoteric part of ...

Why are private equity companies gobbling up taxpayer-subsidized housing loans?

New blog from @consumerfed.bsky.social and UFCW: we expose how firms like Apollo and Blue Owl are using the FHLBank System’s cheap funding for high-risk private credit.

consumerfed.org/private-equi...

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Scammers cost Americans billions of dollars each year, according to a report from the Consumer Federation of America. Those same #scammers continue to evolve around global events.

Full story here: www.wilx.com/2026/04/04/s...

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Illinois home insurance rises as legislators pass supervisory bill Nationwide hikes in home insurance premiums resulting from climate change have impacted Illinois residents, prompting legislators to work to pass a bill that would allow them to assess insurance rates. In March, the Illinois House of Representatives passed a bill giving the Illinois Department of Insurance the ability to review rates for homeowners and automobile...

" #HomeInsurance premiums in the state increased by almost $1,000 between 2021 and 2024, according to a report by the Consumer Federation of America, a nonprofit built around advancing consumer interests."

dailynorthwestern.com/2026/04/09/c...

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CFA Applauds AG Warning About Scams on Meta Platforms, Urges Direct Action · Consumer Federation of America WASHINGTON, D.C. — This week, several Attorneys General from all over the country from both political parties issued warnings about the prevalence of scam and fraud ads on Meta platforms, particularly those pushing crypto scams and using underregulated Generative AI technology.  From Connecticut and California to Oklahoma and Wyoming, regulators are taking this seriously. A … Continued

"#Meta is profiting from the harm AGs are warning about at the expense of consumers who are suffering the financial and emotional consequences. We encourage AGs to hold Meta accountable for facilitating and profiting from #scam ads.” @benwinters.bsky.social

consumerfed.org/press_releas...

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Consumer Assembly · Consumer Federation of America Offsite Room Block Options for Consumer Assembly Book a room at the Eaton Hotel (10 min walk to the Capital Hilton) Book a room at the Arc Hotel (2 metro stops + 5 min walk to Capital Hilton) ________...

Registration for Consumer Assembly is now OPEN!

Join us on June 3 & 4 in Washington, DC for panel discussions, fireside chats, keynote addresses, and networking opportunities at CFA's cornerstone conference.

consumerfed.org/events/consu...

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White House budget proposal targets deep HUD funding cuts Trump administration again calls for cuts to fair housing, HUD counseling and CDFI lending that Congress rejected last year

“Reducing the budget of the Department of Housing and Urban Development (HUD) will only worsen our nation’s dire #HousingCrisis.” @sjccorn.bsky.social

www.scotsmanguide.com/news/white-h...

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A Bold Proposal Out of California to Reduce Ultra-Processed Food Harm · Consumer Federation of America California Assemblymember Jesse Gabriel introduced a new bill which would create a state certification program for “not ultraprocessed” foods. The bill represents a pragmatic and innovative approach t...

Last week, #California Assemblymember Jesse Gabriel introduced AB 2244, which would create a state certification program for foods that are not #ultraprocessed.

Read our latest #blog to learn why the new bill has the potential to revolutionize American diets.

consumerfed.org/a-bold-propo...

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CFA Statement Regarding CFTC Suing States Over Prediction Market Authorities · Consumer Federation of America The United States Commodity Futures Trading Commission (CFTC) has sued three states that have taken action to bring prediction markets into compliance with state law.

“It tells you everything you need to know that this #CFTC has now brought legal action against more state regulators than it has against #PredictionMarket operators.” @csfrayer.bsky.social

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Dispatches From Trump’s War on Information - The American Prospect Inside the administration’s mishandling of economic data and erosion of trust in federal statistics

As @csfrayer.bsky.social, director of investor protection at CFA put it, “quantitative #data is one of the last bastions of objective truth” that serves to “ground us in a shared reality.” That bastion is looking shaky.

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National Organizations Call for Oversight Hearings FHFA Director, As Part of Addressing Our Nation's Housing Crisis · Consumer Federation of America Director William J. Pulte was sworn in to lead the Federal Housing Finance Agency (FHFA) on March 14, 2025. CFA and other national organizations sent a letter to the US House Financial Services and Se...

CFA and a coalition of national organizations sent a letter to #Congress urging oversight hearings, calling Director Pulte to account for his actions that have undermined the functionality of #FHFA and worsened our #Housing affordability crisis.

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The Scam Economy · Consumer Federation of America A new report from the Consumer Federation of America (CFA) projects that Americans are losing an estimated $119 billion every year to online scams. This “true” cost of scams is estimated to be over se...

View Report & Map ⤵️

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Online #Scams affects every corner of America.
See the impact in your state with our interactive map in our latest report, The Scam Economy, which estimates Americans are losing $119 billion every year to online scams.

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What if you could buy a house — but not the land? A radical idea promises cheaper homebuying A growing web of fractional-ownership startups say they offer cheaper paths to homeownership. But not everyone is buying into their promises.

"If it sounds too good to be true, it usually is," says @sjccorn.bsky.social, the director of housing for CFA.

a San Francisco-based startup, proposes an unorthodox alternative: What if you could buy the house without the land?
@businessinsider.com

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CFA's @adamrust.bsky.social presented on policy solutions to address payment #scams at the Consumer Bankers Association #CBALive in San Diego California

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Buy Now, Suffer Later The promises of Klarna and other “buy now, pay later” companies are too good to be true.

Adam Rust @consumerfed.bsky.social said buy now, pay later “sounds like it’s light & easy. ‘I’m not going to pay any interest? Wow — this is what I’ve been waiting for.’ That’s the glitter.”

The reality is a little more worrisome. @levernews.com #ProtectConsumers www.levernews.com/buy-now-suff...

3 weeks ago 1 1 0 0
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64 orgs led by @consumerfed.bsky.social/@ultraviolet.bsky.social sent letters vehemently opposing Meta's plans to put facial rec into their already creepy glasses products

thrilled to be joined by @aft.org, @publiccitizen.bsky.social @epic.org and many many more

consumerfed.org/meta-rayban-...

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