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Warren Reveals $26.5B Consumer Cost | US News
Senator Elizabeth Warren slams the Trump administration for gutting the Consumer Financial Protection Bureau, revealing a staggering $26.5 billion in lost consumer savings. The rollback of credit card late fee caps—once set at $8—costs $15 billion, while eliminating overdraft fee limits ($5) added $7.5 billion in extra charges. Another $4 billion vanished due to dropped enforcement actions. With Brian Johnson, a former executive, poised to lead the bureau, the debate over consumer vs. industry protection rages on. Listen in comfort:Get a discount on a Soli Pillow…
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