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Posts by Jeff Sovern

That’s bussin’. No cap.

1 day ago 1 0 0 0

Jon is absolutely right about this!

B of A is planning to force its customers into mandatory arbitration, a rigged system that would make it a lot easier for the Bank to break the law and get away with it.

But people can avoid this, and opt out, and they SHOULD.

6 days ago 33 27 0 0
The CFPB's current proposal to the court is inadequate. - CLP Blog As we noted on April Fool’s Day, the CFPB has proposed to the court a dramatic cut in the CFPB staffing. If only it were in fact an Apri Fool. American Banker’s Kate Berry has more here. Bloomberg’s E...

The proposal reduces the Office of Fair Lending and Equal Opportunity to four people but the statute gives that office far too much for only four people to do. clpblog.citizen.org/the-cfpbs-cu...

2 weeks ago 0 0 0 0
Trump administration proposes cutting CFPB staff by two-thirds - CLP Blog The proposal is here. It can’t go into effect until the preliminary injunction in the NTEU case is lifted. The administration claims the plan would “allow CFPB to continue meeting its statutory obliga...

At a time when consumer complaints to the CFPB are soaring, dramatically cutting back on the number of folks making sure consumer financial companies are complying with the law is a truly terrible idea. clpblog.citizen.org/trump-admini...

2 weeks ago 1 1 0 0
Trump's Credit Card Cap Scam, Exposed (ft. Rohit Chopra)
Trump's Credit Card Cap Scam, Exposed (ft. Rohit Chopra) YouTube video by Robert Reich

Trump promised a cap on credit card rates.

Instead, he delivered a giveaway to credit card companies at your expense.

Former CFPB Director Rohit Chopra explains. www.youtube.com/watch?v=vZwV...

1 month ago 907 359 23 14
Call for presentations for teaching consumer law conference - CLP Blog The UC Berkeley Center for Consumer Law & Economic Justice and the Alexander Blewett III School of Law at the University of Montana are proud to present the fourteenth biennial international Teaching ...

clpblog.citizen.org/call-for-pre...

1 month ago 0 0 0 0

You need ID to get on an airplane. Therefore, you should also need ID to get on a bus, train, a car, or bike.
Different situations call for different rules. Because they're well, different.

1 month ago 0 0 0 0
Hypocrisy on the CFPB - CLP Blog As we have reported in the past, the Dodd-Frank Act requires that the CFPB’s director “shall appear before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Finan...

clpblog.citizen.org/hypocrisy-on...

2 months ago 0 0 0 0
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Trump administration's changes to the CFPB cost Americans $19B, a new report says The Trump administration has significantly reduced the Consumer Financial Protection Bureau's activities over the past year.

Another ridiculous price tag that Trump is forcing you to pay.
 
This is YOUR money.
 
You deserve a government that works for you, not against you and your financial interests.

2 months ago 509 170 4 6
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We are angry at current state of America We are angry. We are angry because government officials have shot an American without justification. We are angry because Americans of color have been

thedailyrecord.com/2026/01/29/w...

2 months ago 0 1 0 0
IsTrump's debanking lawsuit against JPMorgan Chase precluded by an arbitration clause? - CLP Blog President Trump is no friend of consumer arbitration. As longtime readers of the blog know, during his first term, Trump signed the Congressional Review Act resolution blocking the CFPB’s arbitration ...

clpblog.citizen.org/istrumps-deb...

2 months ago 0 0 0 0
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We are angry at current state of America We are angry. We are angry because government officials have shot an American without justification. We are angry because Americans of color have been

thedailyrecord.com/2026/01/29/w...

2 months ago 0 1 0 0
Maryland paper calls for state law protecting BNPL consumers - CLP Blog Here in a Maryland Daily Record editorial (behind a paywall but available on Lexis). Here’s an excerpt (disclosure: I am on the editorial board): Some consumers, enticed by BNPL, become overcommitted ...

clpblog.citizen.org/maryland-pap...

2 months ago 0 0 0 0
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New ICE warrant policy disregards a fundamental American right, experts say. Here’s what we know By Michael Williams, CNN (CNN) — With an Immigration and Customs Enforcement memo that allows officers to enter homes without a judicial warrant,

Cute media quote of the day. “The Bill of Rights, we thought, were the first 10 amendments,” said Mark Graber, a constitutional law scholar and University of Maryland professor. With the newly discovered memo, he said: “I guess now we’re down to nine.”

keyt.com/politics/cnn...

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2 months ago 5 1 0 0
Video

SHOCK CELL PHONE VIDEO: Renee Good's final words to her murderer: “That’s fine dude, I’m not mad at you.”

ICE agent Jonathan Ross after shooting and killing her seconds later: “Fuckin’ bitch.”

Via Alpha News

3 months ago 18168 9731 1940 1515

If you beat up and injure a cop at the Capitol the Trump admin will pardon you.

If you drive away from an ICE agent they will kill you.

3 months ago 4766 1676 146 60
The Trump administration's inconsistent positions on whether discrimination is unfair - CLP Blog Regular readers of the blog will know that the Biden CFPB took the position that discrimination is unfair within the meaning of the Consumer Financial Protection Act, the CFPB’s UDAAP statute. After t...

clpblog.citizen.org/the-trump-ad...

3 months ago 2 0 0 0

If you could ask one question of Trump, worded in a way that he might actually answer (as opposed to dismissing as a nasty question, etc.), what would it be? Mine would be: why do you care so much about the praise of others and having your name on things?

3 months ago 1 0 0 0

Some years ago, the Packers played an OT game before the Thanksgiving game and played badly on Thanksgiving because of fatigue. The Lions game went into OT yesterday. 33 more plays than the Packers game. The Packers should go no-huddle on Thursday to magnify the Lions fatigue.

4 months ago 0 0 0 0
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Seth Frotman on uniting consumers, workers, and small businesses - CLP Blog At The Sling. An excerpt: This is a moment for advocates—across labor, consumer, and small business—to come together. To align not just around a shared set of values, but a shared understanding of who...

clpblog.citizen.org/seth-frotman...

6 months ago 1 0 0 0

It feels like maybe Pulte is the one who should be investigated.

7 months ago 138 37 12 0
Has the Roberts Court destroyed consumer law disclosure requirements? - CLP Blog That’s one of the many issues raised by Seth Frotman & Brad Lipton’s short article in the California Law Review Online, The Greatest Trick John Roberts Ever Pulled: Convincing the World that Rigged Co...

clpblog.citizen.org/has-the-robe...

8 months ago 0 0 0 0
ProPublica: GOP Members of Congress referred 10,000 complaints to the CFPB - CLP Blog Here, by Joel Jacobs. Which makes it harder to understand why Congress just voted to cut the Bureau’s budget.

clpblog.citizen.org/propublica-g...

8 months ago 0 0 0 0
My latest draft article : Borrow Now, Protect Later - CLP Blog Here. And here’s the abstract: The consumer finance industry frequently develops new types of loans and business models, such as buy now, pay later and earned wage access. While these products may hel...

clpblog.citizen.org/my-latest-dr...

8 months ago 0 0 0 0
Instead of protecting consumers, CFPB attacks the Government Accountability Office - CLP Blog Kate Berry’s story in the American Banker is headlined CFPB calls GAO funding probe ‘political’ and ‘weaponized.’ The story is about a letter the CFPB’s Chief Legal Officer, Mark Paoletta, sent the GA...

clpblog.citizen.org/instead-of-p...

8 months ago 0 0 0 0

NYC should change the name of Fifth Avenue for the block that Trump Tower is on to "Release the Epstein Files Avenue."

8 months ago 0 0 0 0
The House Financial Services Committee wants to know what you think about the Gramm-Leach-Bliley privacy protections - CLP Blog For a list of specific questions and the address to submit comments, go here. Comments are due by August 28.

clpblog.citizen.org/the-house-fi...

8 months ago 0 0 0 0
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WaPo: DOGE builds AI tool to cut 50 percent of federal regulations - CLP Blog Here. Excerpt: The U.S. DOGE Service is using a new artificial intelligence tool to slash federal regulations, with the goal of eliminating half of Washington’s regulatory mandates by the first annive...

clpblog.citizen.org/wapo-doge-bu...

8 months ago 0 0 0 0
Fast Company article on surveillance pricing - CLP Blog The article, Companies use this sneaky pricing trick to overcharge you. One lawmaker wants it banned, is by K.R. Callaway. Excerpt: Last year, the FTC launched an investigation into surveillance prici...

clpblog.citizen.org/fast-company...

8 months ago 1 1 0 0
Kate Berry: CFPB complaints skyrocket amid efforts to defund, cut staff - CLP Blog In the American Banker. How sad that just when the Bureau is most needed, it is hibernating.

clpblog.citizen.org/kate-berry-c...

8 months ago 0 0 0 0