CFPB
WAMU Interview: Trump Administration Challenges to State Medical Debt Protections
Our Executive Director, Marceline White, was featured in an interview on the challenges to state medical debt protections by the Trump administration, as part of WAMU's Health Hub: Weekly Health Series. “You don’t choose for a loved one to get sick,” said Marceline White, executive director of Economic Action Maryland. “If someone’s in an extreme or urgent situation, you need to get them the medical help they need.” Read the article here.
Al-Jazeera Op-Ed
Our Executive Director, Marceline White, published an op-ed in Al-Jazeera on the CFPB, and what cuts to that agency mean to American consumers. Read the op-ed here.
2025 End of Session Report
Yesterday was the last day of the legislative session and although it was a cool, gray, rainy day, there were still moments when the rain stopped, and the sun burst through. This is an apt description of this year's legislative session as well. At a time when economic protections and policies to promote racial equity are being decimated, and the Consumer Financial Protection Bureau is currently on life support, Maryland’s General Assembly passed some great bills, some good bills, and some very bad bills for working families. Below are some of the bills that Economic Action was thrilled to lead ...
Help Us Support the CFPB — Tell Your Member of Congress to Vote NO on High Overdraft Fees
On February 14, we shared that Economic Action along with the City of Baltimore sued to stop Russell Vought, Director of the U.S. Office of Management and Budget, from defunding the Consumer Financial Protection Bureau (CFPB). That temporary restraining order was for two weeks, ending on February 28. On February 28, Democracy Forward, the nonprofit who is suing on our behalf informed us that the judge extended the order barring the federal government from transferring away all of the CFPB’s funds. This means that the CFPB still has funding for another two weeks. While this is a short-term victory, it's ...
Comments to the CFPB on Earned Wage Access Products
In July 2024, the CFPB proposed an interpretive rule on the regulation of Earned Wage Access products. Economic Action Maryland Fund submitted a comment letter on behalf of several Maryland-based organizations urging the agency to finalize this interpretive rule. Click here to read the full letter