Donald Trump promised to lower costs on day one, but here's how shutting down the CFPB is making life harder for you. Consumer complaints are stacking up and going unaddressed. You're not being protected against scams from. Payday lenders, and veterans and members of military were being targeted by scammers. Now banks can charge you ridiculous overdraft fees. Before the president overturned the rule, the CFPB required banks to cap overdraft fees at $5. (00:33–00:38)
CLAIM
Asserts that payday lenders target veterans and military members with scams.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
