Consumer Federation of America

What are the impacts of "#mortgage deserts"? @Marketplace “It means that local #homeownership opportunities go down, and less wealth is being built locally in a community,” Cornelissen said. marketplace.org/story/2026/03/…

Consumer advocates express concern over #MrBeast finance app marketed toward teens & young adults Full story here: fox13memphis.com/news/mega-infl…

In a separate analysis, the Consumer Federation of America said #premiums rose in 95% of ZIP codes between 2021 and 2024. Over that period, the cost of coverage for a typical #homeowner increased by $648 on average. bloomberg.com/news/articles/…

“A financial adviser may not be able to recommend a product they stand to get paid more on for a 401(k) but they can when someone is rolling a 401(k) over to an IRA,” said Frayer. wsj.com/personal-finan…

"In the past, celebrity endorsements have often pushed people toward suboptimal #financial products," said Adam Rust at CFA. "The emergence of finfluencers bears watching, especially when the risks of #crypto are in the offing." marketwatch.com/story/mrbeasts…

“Dismissing harm to #consumers as an afterthought ignores the reality facing many American households. CFA’s work makes clear, families are already under mounting financial pressure, and policies that knowingly increase costs only deepen the #affordability crisis.”

From budgeting tips to investing ideas, more people are turning to tools like ChatGPT for financial advice. But when it comes to your money, is AI a helpful tool or a risky shortcut? Learn more in our podcast episode w/ Ben Winters from @ConsumerFed. ⬇️ f.mtr.cool/onwdqkudtg

“These statistics show that action across the economy—increasing platform liability, shutting down data brokers, regulating generative #AI, and beefing up consumer protection enforcement —are not only exciting ideas but mandates for a safe future." #scams inc.com/chloe-aiello/a…

This “true” cost of scams, calculated by the Consumer Federation of America, is over seven times higher than what was reported to law enforcement in 2024, since only about 14% of people report scams. And that number is going up: Americans reported losing $16.6 billion to online scams, a 33 percent increase from the previous year. ic3.gov/AnnualReport/R…

Americans lose an est. $119 billion to scams every year, according to @ConsumerFed. Meta’s platforms — Facebook with 57%, Instagram 22%, and WhatsApp 8% — are the top three online platforms associated with scams.

Read the full report by @ConsumerFed: consumerfed.org/reports/true-c….

@MorePerfectUS Is your #state in the Top 10 ? #Scams

A new report from the Consumer Federation of America estimates online #scam losses total $119 billion annually Full story here: azfamily.com/2026/03/12/ari…

Corey Frayer, questioned why anyone would rely on #stablecoins “You give me one real dollar and I give you a fake bank deposit that’s not insured by the FDIC and is run by a company that’s more likely to fail because it’s less regulated." wsj.com/finance/curren…

This new report shows social media has become a hunting ground for scammers, costing Americans nearly $119B a year. If Big Tech profits from ads on our feeds, they have a responsibility to make sure they aren’t scams. My SCAM Act would hold them accountable and protect consumers’ hard-earned money. nbcnews.com/tech/security/…

Michiganders lose $1.7 billion each year to online scams, yet official reports capture only a fraction of the problem. New report from @ConsumerFed estimates the true cost is much higher than reported. Get the facts here: consumerfed.org/reports/true-c…

Read CFA's Full Report Here: consumerfed.org/reports/true-c…

Americans are losing at least $119 billion every year to #Scams, according to a new estimate from the nonprofit Consumer Federation of America, a consumer advocacy group. @NBCNews

Full Story Here: nbcnews.com/tech/security/…

New #DietaryGuidelines urge us to “Eat Real Food” Our latest #Blog shows why that motto might be more difficult than you actually think, even for customers at #WholeFoods #MAHA consumerfed.org/ultra-processe…