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Our Work

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Press Release

Consumer Reports urges House Financial Services Committee to reject repeal of CFPB’s limits on credit card late fees

CR also calls on committee to oppose bills to allow earned wage access cash advances and other new fintech services without needed consumer protections WASHINGTON,…

April 17, 2024

CR letter to House Financial Services Committee urging it to oppose HR 7428 and HR 7440

Letter from Consumer Reports to the members of the House Financial Services Committee urging them to oppose H.R. 7428, the “Earned Wage Access Consumer Protection…

April 17, 2024

CR letter urging House Financial Service’s Committee to reject repeal of CFPB’s credit card late fee limits

Letter from Consumer Reports to members of the House Financial Services Committee urging them to oppose House Joint Resolution 122, which would repeal the CFPB’s…

April 16, 2024

Press Release

Consumer Reports supports CFPB’s proposed rule to limit excessive overdraft fees

CR supports the proposal but advises the CFPB to include smaller financial institutions to protect more consumers from this abusive practice  WASHINGTON, D.C. – In…

April 1, 2024

CR Comment Letter on CFPB Proposed Overdraft Rule

Consumer Reports appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s (CFPB) proposed rule to amend Regulations E and Z to update regulatory…

April 1, 2024

Consumer coalition letter to federal regulators requesting an open, transparent process for review of proposed Capital One-Discover merger

Consumer Reports joined a coalition of 30 community, consumer, civil rights, and public interest groups calling on federal bank and antitrust regulators to follow several…

March 21, 2024

Press Release

Consumer Reports supports New York Department of Financial Services’ efforts to protect consumers from algorithmic discrimination in insurance

CR offers recommendations for further strengthening Department’s efforts to ensure consumers are treated fairly by AI systems used by insurers YONKERS, NY – Consumer Reports…

March 18, 2024

CR letter supporting New York Department of Financial Services’ efforts to protect consumers from algorithmic discrimination

Consumer Reports letter to the New York Department of Financial Services applauding its proposed circular letter outlining the steps it expects insurance companies to take…

March 18, 2024

Press Release

Consumer Reports applauds FCC vote requiring cable companies to display all-in price on consumer bills and promotional materials

Washington, DC – The Federal Communications Commission (FCC) voted today to approve rules that will require cable and satellite providers to display an “all-in” price…

March 14, 2024

Banking apps: The case study for a digital finance standard

Executive Summary Checking and savings accounts are one of the primary tools that consumers use to manage their financial lives, and the majority of consumers…

March 7, 2024

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