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Our Work

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Press Release

CFPB withdraws proposed rule that would have prevented data brokers from selling or misusing consumers’ sensitive personal data

Abandoning the proposed rules leaves consumers vulnerable to fraud and without protection to ensure data collected and sold about them is accurate WASHINGTON DC –…

May 14, 2025

MoneyTech & Privacy
Press Release

California Assembly passes bill banning unfair surveillance pricing

Consumer Reports praises legislation prohibiting companies from setting prices based on personal data gathered about customers SACRAMENTO, CA – Under a bill passed earlier this…

May 14, 2025

MoneyTech & Privacy

Consumer Reports letter opposing S.919, the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act

Consumer Reports letter urging Senators to oppose S. 919, the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act unless it is…

May 7, 2025

Money
Press Release

Consumer Reports Urges Congress to Reject Bills That Would Weaken the CFPB

WASHINGTON D.C. — Consumer Reports called on lawmakers in Congress to vote against a proposed 70% reduction in funding for the Consumer Financial Protection Bureau…

April 30, 2025

Money

Key actions state financial regulators can take to promote responsible use of Artificial Intelligence in the finance sector

Consumer Reports memo highlighting ten key actions state financial regulators can take to help ensure fair and responsible use of Artificial Intelligence and Machine Learning…

April 24, 2025

Money
Press Release

Consumer Reports evaluates digital wallets and makes recommendations for how providers can improve their apps for consumers

YONKERS, NY – A new Consumer Reports evaluation of digital wallets found that they provide many benefits to consumers, including convenience, speed, safety, and record-keeping,…

April 24, 2025

Money

Raising the Bar on Digital Wallets: How Six Leading Platforms Stack Up On Safety, Privacy, And Financial Well-Being

Executive Summary Digital wallets have emerged as a critical gateway to financial services, with 29% of Americans now using a digital wallet at least weekly.…

April 24, 2025

Money

Digital Wallet Best Practices Playbook

Consumer Reports has developed a Digital Wallet Best Practices Playbook to support our vision for a Fair Digital Financial Marketplace. With our focus on raising…

April 23, 2025

Money
Press Release

U.S. District Court temporarily blocks mass layoffs that would gut the CFPB

Americans will pay a steep price if the CFPB is dismantled and prevented from carrying out its critical consumer protection mission  WASHINGTON DC – Consumer…

April 18, 2025

Money
Press Release

Consumer Reports statement on CFPB’s scaled back priorities under Acting Director Vought

Internal memo represents a dramatic retreat from CFPB’s critical consumer watchdog mission WASHINGTON DC – Chuck Bell, advocacy program director at Consumer Reports, issued the…

April 17, 2025

Money
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