Warren's Report Exposes $26B Cost | Business and Finance News

Senator Elizabeth Warren’s new report slams the Trump administration for gutting the Consumer Financial Protection Bureau, costing Americans up to $26.5 billion — mostly by ditching fee caps on credit cards and overdrafts, scrapping 30+ enforcement cases, and deleting 15 years of consumer data. As acting director Russell Vought faces Senate scrutiny, Democrats warn these cuts weaken a vital consumer watchdog, while Republicans defend the moves as necessary to curb regulatory overreach — all as the Senate eyes a permanent bureau leader. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a22284e6315aa86a