meta_pixel
Tapesearch Logo
Log in
NerdWallet's Smart Money Podcast

How the CFPB's Supreme Court Win Helps Consumers

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 22 May 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Learn how the recent Supreme Court ruling on the Consumer Financial Protection Bureau (CFPB) affects your finances. How does the CFPB protect consumers? Why does the recent CFPB court decision matter? Hosts Sean Pyles and Anna Helhoski discuss the recent Supreme Court decision that upheld the CFPB’s funding structure, explaining its significance and what it means for consumer protections. They also explain the history and function of the CFPB, including its role in consumer finances, and provide actionable insights on how you can leverage its resources to resolve financial issues, including how to file a complaint with the CFPB. Plus: the broader implications of the Supreme Court ruling for other federal agencies.  Then, Sean and Anna cover the latest money headlines, including the Dow Jones hitting 40,000 for the first time, the current state of gas prices ahead of Memorial Day weekend, and new pricing transparency laws for cruises. In their conversation, the Nerds discuss: CFPB Supreme Court ruling, payday loans, financial regulation, consumer rights, financial protection, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, credit card regulations, overdraft fees, Federal Reserve funding, mortgage complaints, student loan complaints, CFPB investigations, consumer complaints, financial watchdog, financial industry regulation, CFPB funding, payday lending rule, consumer finance, financial laws, debt relief, financial accountability, credit card late fees, mortgage protection, loan regulations, financial crisis response, banking regulations, consumer advocacy, credit card complaints, loan complaints, financial enforcement, financial industry oversight, and consumer protection laws. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Prime Video brings thrilling entertainment.

0:03.0

Watch Heavyweight Detective Breacher, Season 3 included with Prime.

0:07.0

Exactly how much danger is this job putting me in.

0:10.0

Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.

0:15.0

Did you have sex? Did you have sex?

0:17.0

Did you have sex last night?

0:19.0

Yes! And it was amazing!

0:23.0

Whatever you're into, it's right here.

0:25.3

Prime Video.

0:27.1

Click or tap the banner to find out more.

0:32.2

Welcome to Nerd Wallet's Smart Money Podcast.

0:34.9

I'm Sean Piles.

0:35.9

And I'm Anna Hilhouski.

0:37.1

And this is our weekly

0:38.6

money news roundup, where we break down the latest in the world of finance to help you be smarter

0:42.8

with your money. We'll go deep into a single topic and then leave you with the latest money

0:46.8

headlines. Today, we're talking about the federal agency that protects your financial

0:50.8

interests, the Consumer Financial Protection Bureau, or more commonly known as the

0:55.5

CFPB. That's right, Sean. The CFPB is charged with executing and enforcing all kinds of consumer

1:01.6

financial law, so you're probably not surprised to hear that its very purpose has long been

1:06.4

the ire of the financial industry. Last week, a court decision that threatened to upend the agency's ability to do its job

1:13.2

was overturned by the Supreme Court.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from NerdWallet Personal Finance, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NerdWallet Personal Finance and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.