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While The Fate Of The CFPB Is In Limbo, The Agency Is Cracking Down On Junk Fees
The Supreme Court is weighing whether or not the Consumer Financial Protection Bureau is constitutional based on how it receives its funding.
Last fall a panel of three Trump appointees on the Fifth Circuit Court of Appeals outlined that if funding for a federal agency like the CFPB is not appropriated annually by Congress, then everything that agency does is deemed unconstitutional.
While the agency's fate is in limbo, its latest initiative is aimed at cracking down on junk fees that can cost Americans a lot of money.
We speak with CFPB's director, Rohit Chopra, on how unnecessary fees impact everyday people.
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