Chi Chi Wu
@chichiwu.bsky.social
Consumer advocate skeeting about #finjustice, AAPI issues, Brookline & random stuff. Loud Asian Woman (so all posts my own) Reposts =/= endorsements
This is where we are: a tech billionaire who, as an undergrad writing in the Stanford Review, "blasted a student movement to raise custodians' pay, warning it 'destroys incentive for them to improve themselves,'" is now a chief architect of a homelessness policy built around punishment and coercion.
How the Billionaire Joe Lonsdale Shaped Trump’s Homelessness Policy (Gift Article)
As Republicans have embraced tough measures to clear the streets, no group has led the way more than the Cicero Institute, founded by the venture capitalist Joe Lonsdale.
nytimes.com
The credit bureaus wanted fewer complaints, and the Vought-led #CFPB delivered. But making it harder to complain about your mortgage or credit card doesn’t fix the problems—it just hides them from public view while 𝐩𝐞𝐨𝐩𝐥𝐞 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐩𝐚𝐲 𝐭𝐡𝐞 𝐩𝐫𝐢𝐜𝐞. #ProtectConsumers @banking.senate.gov
There’s absolutely nothing in the law that created the #CFPB that requires consumers to contact the credit bureaus before complaining. This requirement appears to be an effort by the Vought-led CFPB to stifle complaints. #ProtectConsumers
If you paid a credit card late fee or bank overdraft fee, the Trump Administration's gutting of the CFPB has cost you real money and made your life that much less affordable
National Consumer Law Center@nclc4consumers.bsky.social · 2mo ago.@warren.senate.gov's report attributes up to $15B to the #CFPB abandoning an $8 cap on most credit card late fees, $7.5B to the repeal of the overdraft fee rule, and the remainder to three dozen dropped enforcement actions & settlements. #ProtectConsumers @cnbc.com www.cnbc.com/2026/07/16/t...
Amazingly, there’s still some consumer protection going on federally??
National Consumer Law Center@nclc4consumers.bsky.social · 2mo agoRentGrow, a provider of consumer reports for tenant screening, violated the Fair Credit Reporting Act (FCRA) by failing to use reasonable procedures to ensure the accuracy of its reports. #CreditReports #ProtectConsumers www.ftc.gov/news-events/...
Lorenzo Salgado Araujo was a father. A husband. A brother. For 35 years, he built a life here and raised three sons. On his way to work, ICE agents searching for someone else took his life. I'm holding his family in my heart—and demanding accountability from this rogue agency.
"The Trump administration's CFPB, at the behest of the credit reporting companies, is deliberately creating barriers for people to report illegal and abusive actions by large financial companies," Diane Thompson at NCLC #ProtectConsumers #CFPB www.nerdwallet.com/finance/news...
It Just Got Harder to Make a Financial Complaint (And Get Relief) - NerdWallet
The Consumer Financial Protection Bureau has created new hurdles for Americans filing financial complaints.
nerdwallet.com
Welp, Republicans on House Fin Services passed these anti-consumer bills that benefit credit bureaus and payday loan apps. They did so in the quiet week before July 4th, probably hoping no one notices. Well we noticed, we see they are doing the bidding of big corporations and predatory lenders!!🤬
National Consumer Law Center@nclc4consumers.bsky.social · 2mo agoDuring the HFSC markup, members are expected to vote on at least four pieces of legislation that would harm families living paycheck to paycheck and struggling with affordability and access to credit. #ProtectConsumers #Fintech #CreditReporting 1/3 www.nclc.org/congress-ign...
Instead of helping consumers and with affordability, Republicans of HFSC are pushing gimmies for credit bureaus and payday loan apps, making life harder for Americans
National Consumer Law Center@nclc4consumers.bsky.social · 2mo agoDuring the HFSC markup, members are expected to vote on at least four pieces of legislation that would harm families living paycheck to paycheck and struggling with affordability and access to credit. #ProtectConsumers #Fintech #CreditReporting 1/3 www.nclc.org/congress-ign...
“Incorrect information on a credit report, whether caused by errors or identity theft, can be devastating,” said @chichiwu.bsky.social. “Congress should be helping to address credit reporting problems, not caving to the industry’s wish list.” 2/3 www.nclc.org/congress-ign...
Congress Ignores Affordability Crisis With Legislation to Supercharge Predatory Lending and Boost Harmful Credit Reporting
WASHINGTON – During the House Financial Services Committee markup on Tuesday, members are expected to vote on at least four pieces of legislation that would harm families living paycheck to paycheck a...
nclc.org
The ICE agent who killed Renee Good is named Jonathan Ross, and he should be indicted. www.syracuse.com/news/2026/06...
Federal agents track down Syracuse woman, demand she remove Instagram post about ICE
She believes the warning was related to a post about the ICE agent who shot Renee Good in Minneapolis.
syracuse.com
If the Federal Reserve approves Enova and OppFi’s acquisitions of Grasshopper Bank and BNC Bank, the lenders will be able to bypass state interest limits, offering APRs between 100% and 160% nationwide. #StopTheDebtTrap #RentaBank #ProtectConsumers @forbes.com www.forbes.com/advisor/pers...
forbes.com
“The CFPB should be doing its job to make it easier for people to get help, not throwing new obstacles in their path,” said @chichiwu.bsky.social. “It should be focusing on the abuses of the credit reporting oligopoly, not acting in cahoots with it.” #ProtectConsumers www.nclc.org/cfpb-takes-f...
CFPB Takes Further Steps to Suppress Consumer Complaints
New Actions Targeted at Discouraging People from Challenging the Big Three Credit Reporting Companies
nclc.org
Pinch me. Something good passed out of Congress on housing!
National Consumer Law Center@nclc4consumers.bsky.social · 2mo ago“Homeownership is out of reach for many, and hard to maintain for others,” said Alys Cohen at NCLC. “The #ROADact offers real progress toward equitable access to affordable housing and authorizes a key long-term disaster relief program.” #ProtectConsumers #FairHousing www.nclc.org/congress-pas...
💢🇺🇳NEW: A UN Commission of Inquiry has concluded that “Israel continues to commit genocide and other atrocity crimes by deliberately targeting Palestinian children,” finding Israeli authorities & security forces have committed genocide, crimes against humanity, & war crimes in Gaza, as well as war...
Today was an absolute blood bath at SCOTUS for the less powerful to enforce civil rights in the federal courts. TL;dr - SCOTUS rules 6-3 that only corporations have rights that are enforceable in federal court??
Leah Litman@leahlitman.bsky.social · 3mo agoAnd the final case, 6-3 (usual split) - SCOTUS says immigration officers can deny admission to lawful permanent residents *without having clear & convincing evidence that the LPR committed a crime that renders them inadmissible* www.supremecourt.gov/opinions/25p...
“Before the Board considers these unprecedented applications and makes a decision that could devastate consumers nationwide, it is incumbent on the Board to hear from the communities that will be impacted.” #RentABank #StopTheDebtTrap #ProtectConsumers www.nclc.org/before-appro...
Before Approving 100% APR Banks, Fed Must Hold Public Hearings
Unprecedented Bids Could Create the First National Banks Dedicated to Predatory Lending
nclc.org
For my newsletter I wrote about how Kier Starmer should serve as a warning for centrist Democrats in the US. It's a real crystal ball moment. www.burnsnotice.com/its-the-cent...
It's The Centrism, Stupid
Centrist American political commentators are mystified that Kier Starmer's time as UK Prime Minister has crashed and burned. He did everything they wanted and everyone hated him anyway.
burnsnotice.com
🙄
Gil Durán@gilduran.com · 3mo agoA 22-year-old just got a $30 million investment valuing his new futures exchange at $300 million. He graduated Stanford, wrote for Thiel's Stanford Review, interned at Andreessen Horowitz. His mom? Pro-crypto Sen. Gillibrand, D-NY. Bipartisan capture in full bloom. fortune.com/2026/06/18/t...
Registration is open for the 𝟐𝟎𝟐𝟔 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐑𝐢𝐠𝐡𝐭𝐬 𝐋𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 - the largest and most comprehensive gathering of consumer attorneys and advocates. Learn more and register today! #ConsumerLaw #ProtectConsumers www.nclc.org/event/2026-c...
2026 Consumer Rights Litigation Conference & Class Action Symposium
The Consumer Rights Litigation Conference is a comprehensive convening of the consumer law community with 60+ courses covering every major area of consumer law.
nclc.org
Renters pay hundreds of millions of dollars per year in #JunkFees, according to a 2025 NCLC report. “Junk fees are fees not for landlords’ actual costs. They are fees for the sole purpose of making the tenant pay more money for nothing." @chicagotribune.com www.chicagotribune.com/2026/06/11/i...
Illinois is one step closer to banning ‘junk fees’ and hidden charges on renters
As costs to rent apartments continue to climb, especially in Chicago, Illinois lawmakers passed legislation banning many hidden charges, such as move-in fees, from leases.
chicagotribune.com
“The Trump Administration is trying to use the banking system to throttle employment opportunities for immigrant workers and curtail wealth building for people of all different immigration statuses,” said Carla Sanchez-Adams at NCLC. #ProtectConsumers www.nclc.org/trump-admini...
Trump Administration Ramps Up Efforts to Debank Immigrants
New CFPB Advisory Telling Banks To Consider Immigration Status Does Not Create a New Legal Requirement
nclc.org
Security deposit alternatives may offer fewer tenant protections and cost renters more. “Essentially, they are designed to provide landlords the benefits of the security deposit” while avoiding the costs of complying with tenant protection laws. @nytimes.com www.nytimes.com/2026/06/05/y...
More Renters Are Using Tools to Skip Security Deposits, but There’s a Catch
nytimes.com
“Limited-proficiency English speakers do get exploited & sometimes they do get exploited based on their limited English ability,” said @chichiwu.bsky.social. This comes as the volume of consumer complaints has reached the highest levels in history. 2/2 www.theguardian.com/us-news/ng-i...
Consumer protection agency deletes thousands of pages as Trump administration seeks to dismantle it
Deletion of the bureau’s website content is just the most recent part of a larger plan to ‘undermine an agency that’s helped people’
theguardian.com
Again, please share. In every aspect of American history you will run smack dab into the critical contributions of Black people. It’s not Black history. It’s American history. Trying to erase it is a fool’s errand. We live it every day. time.com/5836444/blac...
The Forgotten Black History of How Memorial Day Started
Historians like the Pulitzer Prize winner David Blight have tried to raise awareness of freed slaves who decorated soldiers' graves in 1865
time.com
One of the CFPB's achievements was getting the credit bureaus -- who have treated consumers with errors on their reports terribly for decades - to do somewhat better. Another awful consequence of Russell Vought's sidelining of the CFPB has been the reversal of this progress
National Consumer Law Center@nclc4consumers.bsky.social · 4mo agoThe CFPB and FTC seem to be burying complaints lodged against the credit bureaus. @chichiwu.bsky.social talks to Money about this disturbing trend. money.com/credit-burea...
So thrilled for Brian Goldstone and this book. I hope it brings millions of new readers to it, especially policymakers. If you haven't yet, please read it
Brian Goldstone@brian-goldstone.bsky.social · 4mo agoI don't quite have words yet. I'm stunned, grateful, disoriented. My deepest, deepest thanks to the five families without whom this book would not exist. It has been the honor of my life to know and learn from you.
What's the difference between the Republican Party and the Klan? Not actually joke. It's just a question. I don't see any. www.washingtonpost.com/politics/202...
Louisiana governor prepares to suspend House primaries after court ruling
Gov. Jeff Landry (R) told Republican House candidates he plans to suspend the May 16 primary elections so lawmakers can redraw the congressional map.
washingtonpost.com
I aspire to this energy, all the time
Dr. Jack Brown@drjackbrown.bsky.social · 5mo agoOne of the most telling pics of the year ... so far.
