Insight: Trump’s funding cuts put America’s consumer watchdog on the brink of collapse


Consumer Financial Protection Bureau (CFPB) workers rally on the day of a hearing in a case on the Trump administration's mass firings of CFPB workers, outside the U.S. District Court in Washington, D.C., U.S., March 3, 2025. REUTERS/Kent Nishimura

WASHINGTON, Dec 30 (Reuters) - When Bianca Jones, a 33-year-old special education teacher in Memphis, Tennessee, decided a couple of years ‌ago that she wanted to buy a house, she started digging into her Experian credit report. She was shocked by what she found.

Her student debt had been double-counted, making it look as though she owed a quarter of a million dollars and putting home ownership out of reach. Jones disputed the items with Experian, ‌one of the major credit reporting agencies, multiple times in writing and over the phone, but got nowhere.

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