SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
consumers
Failures of Trumponomics Glaring as Prices, Consumer Anxiety Climb Higher
"Working families are being pummeled by higher prices, and the Trump administration has no intention of fixing it."
Oct 24, 2025
Prices rose last month at a pace not seen since the beginning of the year and consumer sentiment fell to a five-month low in October as the Trump administration's tariff policies and the GOP's inflationary budget law take hold.
The Bureau of Labor Statistics (BLS) said Friday that the consumer price index (CPI) rose at a 3% annual rate in September, up from 2.9% in August. Gas prices rose 4.1% last month and were "the largest factor" in the monthly inflation increase, the agency said. Food prices rose 0.2% in September.
"Indexes that increased over the month include shelter, airline fares, recreation, household furnishings and operations, and apparel," BLS noted.
Alex Jacquez, chief of policy and advocacy at the Groundwork Collaborative, said in response to the new data that "prices continue to rise, and families can feel it every time they check out at the grocery store or fill up at the gas pump."
"Trump's chaotic economic policies continue to drive up costs for everyday essentials as the job market weakens," said Jacquez. "Working families are being pummeled by higher prices, and the Trump administration has no intention of fixing it."
Indivar Dutta-Gupta, an advisor with the advocacy group Community Change, said that "today's inflation report confirms the continued strain on American families under this administration's radical 'survival of the elitist' agenda, where the president's wealthy and well-connected friends thrive and the rest of us suffer."
"This administration and the Congress it controls have prioritized showering their billionaire friends with massive tax cuts while making it harder for regular people to afford basic necessities," Dutta-Gupta added. "Even this week, the administration has said that it will effectively break the law by refusing to fund vital food assistance, which tens of millions of struggling families rely on to manage the increasing cost of living imposed by the Trump administration."
The inflation data's release was delayed by the ongoing government shutdown, and the White House said Friday that the Labor Department likely won't publish CPI figures next month for the first time in more than 70 years.
The September inflation report came as the University of Michigan's closely watched Surveys of Consumers found that consumer sentiment this month dropped to its lowest level since May as Americans remain anxious over elevated and still-rising prices.
"Inflation and high prices remain at the forefront of consumers' minds," said Joanne Hsu, the director of Surveys of Consumers.
Heather Boushey, senior research fellow at the Reimagining the Economy Project at the Harvard Kennedy School, said the Trump administration has brought the country to "an unnerving economic moment."
"Between high tariffs and the ways that ICE is rounding up employees at workplaces across the country, there are ongoing forces pushing prices upwards," said Boushey, "while the lack of a coherent economic agenda from the Trump administration threatens to push the economy into reverse."
Keep ReadingShow Less
Trump FTC Lets Corporate Lobbyists Kill 'Massively Popular' Click-to-Cancel Rule in Court
Republicans on the Federal Trade Commission have "ensured that hardworking people will keep getting stuck with subscriptions they don't want or can't afford," said one consumer advocate.
Jul 09, 2025
Consumer advocates said Tuesday that the Trump administration is to blame for an appeals court decision that effectively killed the Federal Trade Commission's click-to-cancel rule, a Biden-era effort to stop companies from trapping consumers in subscriptions with onerous cancellation terms.
The U.S. Court of Appeals for the 8th Circuit vacated the rule entirely on procedural grounds on Tuesday, siding with the U.S. Chamber of Commerce and other corporate interests that claimed the FTC's process in crafting and finalizing the rule did not give industry sufficient "opportunity to assess" the agency's "cost-benefit analysis of alternatives."
After the rule was finalized last October, the FTC—then led by Lina Khan—said it had received more than 16,000 public comments on the proposal, which would have required companies to make it just as easy for consumers to cancel subscriptions as it was to enroll. The agency said the number of subscription-related public complaints rose to nearly 70 per day in 2024, indicating growing anger at companies' predatory tactics.
Khan wrote on social media Tuesday that public comments on the rule were "overwhelmingly" supportive and criticized the Trump FTC for giving industry groups time to block the effort. The rule was originally set to take effect on May 14, but the Trump FTC—now led by Republican Andrew Ferguson and two GOP commissioners—voted on May 9 to delay implementation, citing industry concerns that "it would take a substantial amount of time to come into compliance."
"The rule was set to go into effect in May but this FTC slow-walked it—and now a court has tossed it out, claiming industry didn't get enough of a say," Khan lamented.
Lee Hepner, senior legal counsel at the American Economic Liberties Project, said Tuesday that "the byzantine rulemaking process provides courts with infinite discretion to torpedo rules in service of deep-pocketed corporations and in spite of overwhelming public support."
"The commission received 16,000 public comments on its rule, yet the 8th Circuit has the temerity to suggest the commission failed to provide enough process to the Chamber of Commerce," Hepner added. "Congress gave the FTC the power to stop unfair and deceptive practices."
"If the FTC is serious about affordability for everyday Americans, it must reissue the rule immediately."
Mark Meador, one of just three commissioners left at the FTC following President Donald Trump's firing of the agency's two Democratic members earlier this year, declared following the appeals court decision that the click-to-cancel rule "isn't going into effect for one reason: The Biden FTC cut corners and didn't follow the law."
The American Prospect's David Dayen wrote in response that Meador, a commissioner "who has the ability to reissue the rule," is "more interested in cheering on judicial obstruction than simply saying he will reissue the rule."
Given that Ferguson and Republican FTC Commissioner Melissa Holyoak voted against finalizing the click-to-cancel rule last year, it is unlikely that they will support reviving the rule in the wake of the appeals court decision. Meador was not an FTC commissioner when the rule was finalized.
Nidhi Hegde, executive director of the American Economic Liberties Project, slammed the Trump FTC for delaying the rule's enforcement "long enough for big corporate lobbyists to win in court."
"It's bad enough that the Trump FTC has done nothing to bring down costs for the American people," Hegde said in a statement Tuesday. "Now, by slow-walking a simple, massively popular protection, they've ensured that hardworking people will keep getting stuck with subscriptions they don't want or can't afford from cable companies, gyms, and online services. If the FTC is serious about affordability for everyday Americans, it must reissue the rule immediately."
Keep ReadingShow Less
'Appalling and Lawless': Trump Moves to Fire Democrats on Consumer Safety Panel
"I'll see him in court," said Richard Trumka Jr., one of the commissioners.
May 09, 2025
Three Democratic members of the Consumer Product Safety Commission vowed on Friday to fight back after U.S. President Donald Trump moved to fire them, an effort that the trio described as part of the White House's unlawful assault on independent agencies.
Mary Boyle, Richard Trumka Jr., and Alex Hoehn-Saric are now listed on the CPSC's website as "former commissioners." The Washington Post reported that Trump moved to fire the commissioners "shortly after" the Elon Musk-led Department of Government Efficiency visited the agency on Thursday.
"The Democratic commissioners objected to two DOGE employees being formally detailed to the agency," the Post noted, citing Trumka's account.
Boyle and Trumka said they received emails from the White House late Thursday informing them of the president's bid to remove them from their posts. Hoehn-Saric said in a statement Friday that while he has yet to receive communication from the White House, the acting chair of the CPSC is "preventing me from executing my duties as commissioner based on an assertion that the president is also seeking my removal."
"The illegal attempt to remove me from the CPSC happened immediately after my colleagues and I took steps to advance our safety work and protect our staff from arbitrary firings," said Hoehn-Saric. "President Trump's action politicizes a critical independent public safety agency that was structured by law to avoid such interference."
All three of the Democratic commissioners indicated that they don't intend to leave the agency quietly, following in the footsteps of commissioners at other agencies who have challenged Trump's attempts to fire them, setting the stage for a high-stakes battle at the U.S. Supreme Court.
Trumka, son of the late labor leader Richard Trumka, said Friday that he has "a set term on this independent, bipartisan commission that does not expire until October of 2028." Last week, Trumka defied a Trump executive order instructing federal agencies to submit all proposed rules to the Office of Information and Regulatory Affairs for review.
"I will continue protecting the American people from harm through that time," Trumka continued. "The president would like to end this nation's long history of independent agencies, so he's chosen to ignore the law and pretend independence doesn't exist. I'll see him in court."
Boyle, whose term was set to expire later this year, also signaled that she intends to remain at her post.
"Until my term as commissioner concludes,” Boyle said, "I will insist on following these time-tested principles, and I will use my voice to speak out on behalf of safety."
Consumer advocates voiced outrage in response to Trump's attempt to fire the CPSC commissioners.
"The illegal firing of CPSC commissioners is not just a brazen, unprecedented, and reckless assault on the rule of law, it is a direct threat to the lives and physical safety of Americans, especially our most vulnerable, infants and children," said Courtney Griffin, Director of Consumer Product Safety at the Consumer Federation of America. "The consequences may be measured in preventable injuries, hospitalizations, and lives lost."
William Wallace, director of safety advocacy for Consumer Reports, said in a statement that "this is an appalling and lawless attack on the independence of our country's product safety watchdog."
"Anyone who cares about keeping their family safe should oppose this move and demand that it be reversed," Wallace added. "This isn't really about the individual leaders, as commendable as they are. It's about whether Congress can maintain a federal agency that takes strong action to protect the public, based on scientific evidence and insulated from political whims."
Keep ReadingShow Less
Most Popular