
Consumer Financial Protection Bureau director Rohit Chopra, left, accompanied by President Joe Biden, right, speaks at a meeting with his Competition Council on the economy and prices in the East Room of the White House in Washington, Wednesday, Feb. 1, 2023. Andrew Harnik/AP hide caption
Consumer Financial Protection Bureau director Rohit Chopra, left, accompanied by President Joe Biden, right, speaks at a meeting with his Competition Council on the economy and prices in the East Room of the White House in Washington, Wednesday, Feb. 1, 2023.
Andrew Harnik/APThe Supreme Court is weighing whether or not the Consumer Financial Protection Bureau is constitutional based on how it receives its funding.
Last fall a panel of three Trump appointees on the Fifth Circuit Court of Appeals outlined that if funding for a federal agency like the CFPB is not appropriated annually by Congress, then everything that agency does is deemed unconstitutional.
While the agency's fate is in limbo, its latest initiative is aimed at cracking down on junk fees that can cost Americans a lot of money.
We speak with CFPB's director, Rohit Chopra, on how unnecessary fees impact everyday people.
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This episode was produced by Lauren Hodges and Brianna Scott. It was edited by William Troop. Our executive producer is Sami Yenigun.