{"id":334250,"date":"2025-12-08T04:50:42","date_gmt":"2025-12-08T04:50:42","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/the-real-price-of-trumps-anti-consumer-policies-18-billion-and-climbing\/"},"modified":"2025-12-08T04:50:42","modified_gmt":"2025-12-08T04:50:42","slug":"the-real-price-of-trumps-anti-consumer-policies-18-billion-and-climbing","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=334250","title":{"rendered":"The Real Price of Trump\u2019s Anti-Consumer Policies: $18 Billion and Climbing"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400\">Notably, the Budget Lab at Yale University <\/span><a href=\"https:\/\/budgetlab.yale.edu\/research\/state-us-tariffs-september-4-2025\"><span style=\"font-weight: 400\">projects<\/span><\/a><span style=\"font-weight: 400\"> that Trump\u2019s tariffs will cost the average American household $2,300 in lost income, per September 2025 data.<\/span><\/p>\n<p><b>Just how expensive have Trump and congressional Republicans been for American families?\u00a0<\/b><\/p>\n<ul>\n<li><b>$5 billion in annual overdraft fees<\/b><span style=\"font-weight: 400\"> after congressional Republicans <\/span><a href=\"https:\/\/accountable.us\/wp-content\/uploads\/2025\/10\/2025-10-07-Research-on-Impact-of-Trump-Tariffs-and-Biden-Era-Rules-Rollback-FINAL.docx.pdf\"><span style=\"font-weight: 400\">passed<\/span><\/a><span style=\"font-weight: 400\"> a Congressional Review Act (CRA) vote overturning a Biden-era rule aimed at reining in excessive overdraft fees.<\/span><\/li>\n<\/ul>\n<ul>\n<li><b>$4 billion in refunds <\/b><span style=\"font-weight: 400\">after the Trump-Department of Transportation (DOT) announced it would <\/span><a href=\"https:\/\/accountable.us\/wp-content\/uploads\/2025\/10\/2025-10-07-Research-on-Impact-of-Trump-Tariffs-and-Biden-Era-Rules-Rollback-FINAL.docx.pdf\"><span style=\"font-weight: 400\">rescind<\/span><\/a><span style=\"font-weight: 400\"> Biden-era rulemaking requiring airlines to compensate consumers for significant flight delays.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><b>$10 billion a year in late fees <\/b><span style=\"font-weight: 400\">after Trump-appointed Judge Mark Pittman <\/span><a href=\"https:\/\/accountable.us\/wp-content\/uploads\/2025\/10\/2025-10-07-Research-on-Impact-of-Trump-Tariffs-and-Biden-Era-Rules-Rollback-FINAL.docx.pdf\"><span style=\"font-weight: 400\">vacated<\/span><\/a><span style=\"font-weight: 400\"> a Biden-CFPB\u2019s credit card late fee rule after the Trump-CFPB requested the rule be vacated.\u00a0<\/span><\/li>\n<li><b>Over $3 billion in consumer redress <\/b><span style=\"font-weight: 400\">under threat as CFPB Head of Enforcement Eric Halperin <\/span><a href=\"https:\/\/accountable.us\/wp-content\/uploads\/2025\/10\/2025-10-07-Research-on-Impact-of-Trump-Tariffs-and-Biden-Era-Rules-Rollback-FINAL.docx.pdf\"><span style=\"font-weight: 400\">found<\/span><\/a><span style=\"font-weight: 400\"> that 22 pending enforcement actions had been dropped by Trump\u2019s CFPB. Before Trump, <\/span><i><span style=\"font-weight: 400\">only one enforcement action <\/span><\/i><span style=\"font-weight: 400\">had been dropped by the CFPB in its 14-year history.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">On top of that,<\/span><span style=\"font-weight: 400\"> Trump-appointed Judge Sean Jordan <\/span><a href=\"https:\/\/www.npr.org\/2025\/07\/15\/nx-s1-5468438\/medical-debt-credit-reports-ruling\"><span style=\"font-weight: 400\">vacated<\/span><\/a><span style=\"font-weight: 400\"> the Biden-CFPB\u2019s medical debt rule, <\/span><a href=\"https:\/\/www.consumerfinance.gov\/about-us\/newsroom\/cfpb-finalizes-rule-to-remove-medical-bills-from-credit-reports\/\"><b>removing<\/b><\/a><b> $49 billion in medical debt from the credit reports of 15 million Americans<\/b><span style=\"font-weight: 400\">. The Biden-CFPB had <\/span><a href=\"https:\/\/www.consumerfinance.gov\/about-us\/newsroom\/cfpb-finalizes-rule-to-remove-medical-bills-from-credit-reports\/\"><span style=\"font-weight: 400\">estimated<\/span><\/a><span style=\"font-weight: 400\"> the rule would have raised the average credit scores of consumers with medical debt by an average of 20 points, helping an 22,000 additional mortgages get approved each year.\u00a0<\/span><\/p>\n<p>This past Summer, Protect Borrowers and Consumers Federation of America <a href=\"https:\/\/protectborrowers.org\/trumps-consumer-financial-protection-agenda-has-already-cost-americans-18-billion\/\">estimated<\/a> Trump\u2019s actions against the CFPB have cost consumers $18 billion.<\/p>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">###<\/span><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Notably, the Budget Lab at Yale University projects that Trump\u2019s tariffs will cost the average American household $2,300 in lost income, per September 2025 data. Just how expensive have Trump and congressional Republicans been for American families?\u00a0 $5 billion in annual overdraft fees after congressional Republicans passed a Congressional Review Act (CRA) vote overturning a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":296307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100492],"tags":[159557,11043,1734,13992,1924,482,11678],"dealstore":[],"offerexpiration":[],"class_list":["post-334250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","tag-anticonsumer","tag-billion","tag-climbing","tag-policies","tag-price","tag-real","tag-trumps"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Real Price of Trump\u2019s Anti-Consumer Policies: $18 Billion and Climbing - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=334250\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Real Price of Trump\u2019s Anti-Consumer Policies: $18 Billion and Climbing - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Notably, the Budget Lab at Yale University projects that Trump\u2019s tariffs will cost the average American household $2,300 in lost income, per September 2025 data. 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