Consumer Reports Archives

The votes are in for the 2025 FedScoop.

Consumer Reports

Demonstrators protest against President Donald Trump and DOGE’s plan to close the Consumer Financial Protection Bureau in front of the agency’s headquarters in Washington, D.C., on Feb. 10, 2025. (Photo by SAUL LOEB / AFP via Getty Images)

Consumer group warns against changes to CFPB rule on personal financial data

A letter from Consumer Reports urges the agency to not alter privacy protections or no-fee stipulations in a Dodd-Frank rule giving Americans more access to their financial…

Oct 21, 2025 By Matt Bracken

A sign marks the entrance to the Department of Commerce headquarters building on April 30, 2025, in Washington, D.C. (Photo by J. David Ake/Getty Images)

With trust in AI flagging, senators want Commerce to lead education campaign

The bipartisan bill comes as House Republicans want to give the agency $500 million for AI and modernization while also barring enforcement of state-level AI regulations.

May 12, 2025 By Matt Bracken

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images)

CFPB urged by consumer groups to take action on banks’ use of algorithms

Consumer Reports and the Consumer Federation of America ask the agency for “regulatory clarity” on how financial institutions use “discriminatory” tools to guide credit decisions.

Jul 2, 2024 By Matt Bracken