February 27, 2025 -- The Trump administration's Consumer Financial Protection Bureau (CFPB) has dismissed multiple enforcement lawsuits this week that sought to hold major financial institutions accountable for predatory practices, erasing billions in potential consumer relief. These cases, originally brought under former Director Rohit Chopra, targeted Capital One for deceptive interest charges, Vanderbilt Mortgage & Finance for predatory lending, Rocket Homes for illegal kickbacks, and Pennsylvania Higher Education Assistance Agency for improper loan collections. In response, the American Economic Liberties Project released the following statement.

Prior to today’s hearing on pharmacy benefit manager (PBM) reform at the House Committee on Energy and Commerce Subcommittee on Health (the Subcommittee), the American Economic Liberties Project sent a letter calling on the Subcommittee to advance legislation to re-structure the PBM market. The letter follows Economic Liberties’ launch of its Break Up Big Medicine initiative, which has already mobilized more than 56,000 people to call on policymakers to eliminate the structural conflicts of interest that sit at the heart of the healthcare industry.

The American Economic Liberties Project today announced five new Senior Fellows and Advisors, each with crucial experience serving at the White House, Federal Trade Commission and Department of Justice Antitrust Division, who will join the organization and assist in advancing its mission to tackle monopoly power across the economy. The additions include Hannah Garden-Monheit and Sally Hubbard coming in as Senior Fellows, Catherine Simonsen and Katherine Van Dyck joining as Senior Legal Fellows, and Blake Narendra as a Senior Advisor.

The American Economic Liberties Project today launched a new initiative, Break Up Big Medicine, to unite the millions of people across the country who are fed up with the power that consolidated healthcare conglomerates, private equity, and middlemen wield over our access to quality and affordable care—and push policymakers to end structural conflicts of interest across the industry.

In response to news that President Trump has signed an executive order establishing the Make America Healthy Again Commission to investigate and address the root causes of America’s health crisis—whose initial membership excludes the FTC or DOJ, even though are both pursuing important healthcare-related initiatives—the American Economic Liberties Project released the following statement.