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Coalition Efforts

Consumer Action is working on these important issues along with other organizations. If you would like to know more about these issues, please see “More Information” at the end of each article.

 

Postings

Kathy Kraninger is shockingly unqualified to lead the CFPB
Despite the nominee having no related experience or qualifications, the Senate voted in a lame duck session to confirm Kathy Kraninger as the next director of the Consumer Financial Protection Bureau (CFPB). Advocates urged the Senate to oppose Kraninger for lack of finance, banking regulation, or consumer protection experience, as well as for her central role in administering the inhumane and un-American policy of separating thousands of children from their parents along the southwest border. Kraninger was later approved by Senate in a partisan 50-49 vote, with all Democrats opposing her nomination.

Groups renew call for no poison pill policy riders
Consumer Action is among nearly 50 groups renewing their call to keep spending measures free of poison pill policy riders. Unpopular, unnecessary, partisan provisions that get tacked on in secret have nothing to do with government funding and everything to do with undermining essential programs in order to fill a special interest wish list. Poison pill policy riders also stand in stark contrast to emergency needs that are going unmet, like guarding consumers from scams and corporate wrongdoing, securing our air, land, water and wildlife, and defending our campaign finance and election systems.

National comparison data for colleges erased
In reaction to the Education Department’s latest update to the college comparison tool, College Scorecard, consumer, higher education, and student advocates wrote to Secretary Betsy DeVos urging her to reinstate key outcome metrics that provide critical statistics for would-be students, and transparent accountability measures for the individual schools.

Hands off the Medicare donut hole deal
Consumer Action joined a coalition of over 40 advocates in calling on Congress to reject any measures that would increase prescription drug costs for consumers, including rolling back the provisions in the Bipartisan Budget Act of 2018 that make brand-name prescription drugs more affordable for people with Medicare—specifically the 70% discount required from pharmaceutical companies in the donut hole.

A major victory for cheated students on borrower defense regulations
A federal judge sided with consumer advocates and ruled that Education Secretary Betsy DeVos' delay of a key student borrower protection rule was improper and unlawful. Judge Moss also rejected a request to postpone enforcement of the Borrower Defense Rule by an association of for-profit colleges. This meant the 2016 Obama-era regulation aimed at providing relief for scammed student-loan borrowers took effect immediately, despite efforts by the Department of Education and the for-profit college industry to delay it.

Consumer advocates oppose loosening rules for FinTech providers
Consumer Action joined a coalition of 50 public interest groups in sharply criticizing the Consumer Financial Protection Bureau’s (CFPB) proposal to gut important consumer protection rules, especially for FinTech companies, arguing the agency does not have the authority to create potentially unlimited exemptions from the very regulations that the CFPB is obligated to enforce.

Trump’s anti-discrimination official uses hate speech as recent as 2016
Controversial blog posts written by senior Consumer Financial Protection Bureau (CFPB) official, Eric Blankenstein, have caused outrage from advocates and CFPB staffers who are calling on interim director, Mick Mulvaney, to fire the official. Blankenstein is in charge of enforcing fair-lending laws that are intended to prevent discrimination and is facing criticism for a series of racially provocative comments spanning the last 14 years.

Advocates warn that HUD’s disaster relief program is too limited in scope
In an official letter to the U.S. Department of Housing and Urban Development (HUD), advocates urge HUD to improve its efforts to expedite the process for borrowers in disaster areas to access loss mitigation. While a good start, The Disaster Standalone Partial Claim program does not do enough for borrowers in disaster areas that have not yet fully recovered, and the program includes vague and unnecessary eligibility requirements that will impose unnecessary barriers to mortgage relief.

ED's latest regulatory rollback favors scam schools over students and taxpayers
Consumer Action joined more than 60 organizations and advocates in submitting joint comments on the U.S. Department of Education's proposal to eliminate the gainful employment rule that protects students and taxpayers from spending money on career education programs that do not prepare students for gainful employment as required under federal law. The coalition urged the Department to abandon their proposal to eliminate the existing rule and instead start properly enforcing the current rule.

Protect consumers from excessive airline fees
Consumer Action joined seven other coalition advocates in urging Congress to support the bipartisan FAIR Fees provision that was included in S.1405, the Federal Aviation Administration Reauthorization Act of 2017. Under the FAIR Fees provision airlines would be prevented from charging flight change and cancellation fees that are unreasonable and disproportionate to the cost of providing the service. The Department of Transportation would also develop standards for helping assess the reasonableness of other common airline fees.

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