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Press Releases

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Press Release

CFPB drops enforcement lawsuit against Capital One for misleading customers about its low interest savings accounts

Capital One customers lose potential reimbursements of up to $2 billion; consumers stand to lose even more if other cases are dropped  ALEXANDRIA, VA –…

February 27, 2025

Money
Press Release

Consumer Reports Tests of Synthetic Braiding Hair Find Carcinogens in All Products

CR Calls on FDA to Regulate Synthetic Braiding Hair, Citing Toxic Chemical Risks YONKERS, NY—Consumer Reports (CR) tested two samples each of 10 popular synthetic…

February 27, 2025

HealthProduct Safety
Press Release

Consumer and Privacy Groups Oppose New Mexico H.B. 410, (Comprehensive Privacy Legislation)

Consumer Reports, along with a coalition of privacy and consumer groups, oppose New Mexico H.B. 410, a comprehensive privacy bill. The bill seeks to provide…

February 26, 2025

Tech & Privacy
Press Release

Consumer Reports urges Senate Banking Committee to strengthen GENIUS Act to ensure consumers are protected from stablecoin risks

Bill needs significant improvements to balance innovation and consumer protections WASHINGTON DC – Consumer Reports called on the Senate Banking Committee today to adopt a…

February 26, 2025

Money
Press Release

Consumer, industry and public health groups’ statement on FDA staff reductions at the agency’s food safety program

WASHINGTON, Feb. 19, 2025—In response to a reduction in workforce at the U.S. Food and Drug Administration (FDA), a coalition of consumer, industry, and public…

February 19, 2025

Food
Press Release

Consumer Reports urges Congress to oppose resolution repealing the CFPB’s limits on excessive bank overdraft fees

Big banks are pushing Congress to block the CFPB’s rule that would save consumers billions  WASHINGTON DC – Consumer Reports urged lawmakers in Congress today…

February 13, 2025

Money
Press Release

2025 STABLE Act Fails to Protect Consumers From Stablecoin Risks and Gives Big Tech Too Much Power Over Economy Without Proper Guardrails

Consumer Reports Urges House Financial Services Committee to Strengthen Flawed Bill WASHINGTON DC – Consumer Reports urged the House Financial Services Committee today to address…

February 11, 2025

Money
Press Release

White House attack on the CFPB intensifies as acting director orders staff to cease all supervision and examination activity, threatens funding

Consumer Reports warns that gutting the CFPB will harm working families, leaving them vulnerable to fraud and abusive financial practices  WASHINGTON, D.C. – The White…

February 10, 2025

Money
Press Release

Consumer Reports applauds Rohit Chopra’s leadership at the CFPB as he is fired as director of the bureau

CR highlights the CFPB’s accomplishments and the importance of maintaining a tough financial watchdog for consumers    WASHINGTON, D.C. – Consumer Financial Protection Bureau director…

February 1, 2025

Money
Press Release

Consumer Reports applauds introduction of the People’s Privacy Act in Washington

WA privacy bill is based on CR and EPIC’s model state privacy bill Olympia, WA — Washington Representative Shelley Kloba introduced today the People’s Privacy…

January 27, 2025

Tech & Privacy
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