
Trump cuts consumer protections, raises prices
Trump puts profits over people, power over protection—right when Americans need a watchdog the most.
Trump tried to slash up to 90% of the Consumer Financial Protection Bureau’s staff after a partial reversal of a federal court order that had blocked the mass firings. He gutted the agency built to stand up to big banks and shady lenders. He blocked investigations into rampant financial misconduct and dropped lawsuits that were actively defending everyday people. The result? Virtually no oversight for giants like Capital One and Rocket Homes. Veterans, seniors, and working families are left vulnerable—just as these corporations come under fire for predatory behavior.
Trump didn’t just turn a blind eye—he handed Wall Street a blank check. By scrapping a proposed $5 cap on overdraft fees, he gave banks the green light to hit struggling families with crushing penalties. For millions living paycheck to paycheck, overdrafts aren’t luxuries—they’re lifelines. But with the CFPB gutted and the cap dead, banks are free to squeeze every last dollar from those who can least afford it.
Under Trump’s sweeping tariffs, it’s working families who’ll pay the price. His plan would send the cost of everyday essentials soaring—groceries, clothing, electronics, and household goods all caught in the crosshairs. A $499 PlayStation could end up costing twice as much. Children’s clothes and basic groceries could cost 50% or more. Economists warn these tariffs could slam middle- and working-class households with an extra $3,800 a year—yet another blow to families already stretched to the breaking point.
Trump strips national parks of vital staff and services
Trump is gutting services at our precious national parks, with bathrooms left dirty, fewer ranger tours, shuttered visitor centers. One-out-of-four permanent staff are gone since Trump took office, with 90 parks reporting problems because they don’t have enough staff. And with fewer people to collect entrance fees, millions of dollars that would go to the parks are not being collected.
Washingtonians RESIST Trump on the streets and in courts
DCers are resisting and mocking attempted Trump’s military takeover of their city. As the Times reported: “Senior administration officials have been booed and heckled. Federal agents have been dogged by camera-wielding Washingtonians who have put encounter after encounter on social media. Protesters have chanted at the White House, banged on pots and pans, and serenaded agents and National Guard troops posted outside Union Station with “The Imperial March” from the movie “Star Wars,” also known as the theme song for Darth Vader and his Stormtroopers.
When a former DOJ employee was charged with a felony for throwing a sandwich at a federal agent a DC grand jury refused to indict him. And three times a grand juryrefuseda woman who was accused of assaulting an FBI agent. A federal judge said an arrest in DC was preceded by the “most illegal search I’ve seen in my life” and described another arrest as lacking “basic human dignity.”
Trump’s Supreme Court allows political firing at Consumer Product Safety Commission
Trump’s Supreme Court approved him firing members of the Consumer Product Safety Commission, a federal agency Congress set up to be independent of political pressures. According to the law, members can be removed only for “neglect of duty or malfeasance,” but Trump went ahead and fired them anyway, as he has done at other agencies with similar restrictions as part of his aggressive efforts to reshape the federal government.
Trump’s Big Bad Bill is biggest Reverse Robin Hood bill in decades
Trump’s budget bill passed by the House robs from the poor to give to the rich more than any legislation enacted in decades. The 10% of Americans with the lowest incomes would see their resources drop by $1,600 while the richest 10% would see their incomes go up $12,000.
Trump greenlights higher Rx prices
Trump put $5 billion in the drug companies coffers and out of people’s pockets by exempting more drugs from the historic Medicare Rx negotiation leg passed under Biden and Dems in Congress. While Trump has said he wants to lower drug prices to the level of Europe, this provision in his Big Ugly Bill will raise prices for life-saving drugs for Medicare and patients.
Trump will create massive debt and higher costs for student loan borrowers
Trump’s budget bill will create massive debt for student loan borrowers, a total of $300 billion in higher interest and other payments from borrowers. Trump is ending payments tied to income, which allow borrowers to pay back their loans based on their income. He is ending deferments when people are unemployed or economic hardship. Borrowers will pay an average of #$2,929 a year interest
Trump sends credit scores plummeting as student loan payments resume
Trump resumed reporting missed student loan payments to credit bureaus, so that in the first three months of 2025, 2.2 million student loan recipients saw their scores drop by 100 points, and an additional 1 million had drops of 150 points or more. Borrowers are having a hard time getting questions answered as the Education Department has fired staff at the same time the Trump administration has made a confusing number of changes to loan repayment programs.
Trump budget would freeze and roast 6 million families
Trump’s budget ends the LIHEAP program, which provides life saving funding for heating and cooling to 6.2 million American households.
Trump demolishes the consumer protection agency
Trump crippled the Consumer Financial Protection Bureau (CFPB), stripping it of its ability to defend consumers from ripoffs by banks, credit card companies, insurance companies, payday lenders and other financial institutions. Trump moved to fire 1,500 of 1,700 employees.
Trump’s attempt to hobble—or outright dismantle—agencies created by Congress was undercut when a federal appeals court only partially sided with him. The Court ruled that no mass firings could happen, only firings after an individual review. But when Trump ignored that ruling, and did a mass firing, a federal court put those on hold.
Trump strips two consumer protections at the same time: overdraft fees and credit card charge limits
Trump signed legislation to remove the $5 cap on bank overdraft fees. The cap, which was set to begin in October 2025, are aimed at protecting consumers from being overcharged by banks.
By removing the $5 cap, Trump harms low-income families who rely on overdrafts as a form of emergency credit during difficult months.
Trump gutted a CFPB rule limiting credit card late fees to $8 by siding with big banks who went to a Texas court to stop this vital consumer protection that saved consumers tens of millions of dollars.
Trump exposes consumers to abuses of power, greed, and corruption
Trump freed major financial firms like Capital One and the mortgage giant Rocket Homes from the consequences of significant alleged wrongdoing. He froze dozens of investigations into alleged corporate misconduct at the CFPB, halting progress on probes involving companies that serve tens of millions of Americans.
Trump's dismantling of the Consumer Financial Protection Bureau resulted in nine lawsuits that the bureau had brought on behalf of consumers being dropped. Consumer advocates are concerned that abandoning these cases could weaken enforcement of consumer protection laws and embolden companies to engage in harmful practices without consequence.
Trump allowed Musk access to the CFPB shortly after Musk publicly called for its elimination—benefiting major Trump donors like Meta and Marc Andreessen, who had financial or legal interests in weakening the bureau's oversight. Meta donated $1 million to Trump’s inauguration.
Trump dismantled the CFPB as Musk’s company X announced a mobile payments venture that would fall under CFPB regulation—raising concerns about Musk influencing policy to sideline oversight of his own business interests.
Trump tariffs found illegal but remain in place while he appeals
Trump’s tariffs are illegal according to rulings by two federal courts. The courts ruled that Trump doesn’t have authority to establish tariffs – that is Congress’s role with the exception of a few goods, including steel and auto, which Congress ceded the authority to the President. Trump, the courts ruled, has declared an emergency where none exists in an attempt to usurp power explicitly given to Congress to set tariffs by the Constitution.
Trump price hikes to hit wallets
Trump’s tariffs will eventually cause prices to go up, but in the meantime, some companies may be using the news to increase prices early. Tariffs on Chinese goods could reach up to 125%, potentially raising $2 billion daily, but price hikes won’t be immediate due to customs rules delaying the impact on current imports. Businesses raising prices now may be using tariffs as a cover, while long-term effects could include slower growth, inflation, and reduced import volumes leading to higher consumer prices.
Trump's price hikes stem from high import taxes that companies are expected to pass on to consumers.
Because of Trump's tariffs, everyday goods like groceries, clothing, and electronics are expected to cost more. For example, a PlayStation 5 could jump from $499 to over $1,000, and a toddler clothing set might rise from $24 to nearly $36.
Trump's tariffs will drive inflation and increase household costs. Yale researchers estimate an average $3,800 hit to U.S. families each year. Meanwhile, major companies like Walmart and Delta have pulled back earnings forecasts due to uncertainty. Economic analysts, including the Federal Reserve Chair, expect these changes to slow growth and increase the risk of a recession.
If Trump's tariffs continue, imported goods Americans rely on—like coffee, fruit, car parts, and household items—will all be affected. With few alternatives made domestically, prices are likely to rise significantly. The S&P 500 has already dropped 10% in response to the tariff news, and economists at Goldman Sachs and J.P. Morgan now say a recession is more likely.
Trump attacks program that makes high-speed Internet available to rural and inner-city communities.
Trump attacked a program that makes high-speed Internet available to rural and inner-city communities that big Internet providers don’t find profitable. Saying that the program, established by Congress is “racist” - even though the law barely mentions race and includes a non-discrimination clause - Trump denounced a program that is vital to rural communities across the nation.